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December 4th, 2014: CORN Wave Count Update

Posted by pugsma on December 4, 2014

7:00 pm EST:  The CORN (US Grains) wave count looks good coming off the P2 low of 22.62 established in early October.  The next CORN target is around the 32.0 pivot for the completion of major [1]-P3 wave.  Wave minor 1 of major [1] looks to have complete at 27.09 and minor 2 may have completed near the 50% retrace of 25.43.  If not there is a deeper minor 2 retrace target at 24.32 per the alternate (blue) count variation.

CORN 60-min chart (EOD):

PUG CORN 60min chart EOD 12-4-14

CORN 4-hr chart (EOD):

PUG CORN 4-hr chart EOD 12-4-14

CORN weekly chart (EOD):

PUG CORN weekly chart EOD 12-4-14

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