Oil & PM's have seen some bounce yet some other commodities are "depressed". My thoughts are on the chart....average in as price trends up on the first 2 small levels and the 2 fib pulls below. Human Food, Animal Feed, oils, etc from corn in a time of grown populations & urbanization.
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the chart marked the low and is up >10%. global commodities are forecast to do well the rest of 2018, looks good for corn.
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new lows on corn. amazing. next cyclical trade is looking to long in the fall.