June 27th, 2014: CORN and WEAT Count Update
Posted by pugsma on June 27, 2014
3:30 pm EST: Both CORN and WEAT have a wave count set-up for an explosive impulse move higher, as long as their respective recent lows of 30.20 and 13.90 hold. Should those lows be broken, then the early 2014 lows of 29.50 and 13.31 must hold or the proposed wave counts would need to be scrapped all together. Next week should be decisive one way or the other.
CORN 60-min chart (EOD):
CORN 4-hr chart (EOD):
CORN weekly chart (EOD):
WEAT 60-min chart (EOD):
WEAT 4-hr chart (EOD):
WEAT weekly chart (EOD):
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