A small update on the corn futures possible breakout of a channel. We have even more confirmation of a channel now, with a total of 6 obvious points, 3 on each side of channel. The breakout of the channel should result in a big movement, I personally believe, it will be a shortside trade, however, we must wait for confirmation before making any major decisions.
breakoutChart PatternsCORNfuturesLONGParallel Channelshorttrend

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