August 2nd, 2015: CORN, WEAT, JJG and JO
Posted by pugsma on August 2, 2015
2:00 pm EST: Both CORN and WEAT are at the 88% retrace limits for this minor wave 2. A break of the their recent lows of 22.35 and 9.81 could lead to test of their 2009/2010 Cycle lows of 18.82 and 8.98. JO this past week already set a new cycle low below 20.37 at 19.97 and could be headed for the double top (42.87) target of 18.21.
CORN Weakly Chart (EOD 7-31-15):
WEAT Weekly Chart (EOD 7-31-15):
JJG Weekly Chart (EOD 7-31-15):
JO Weekly Chart (EOD 7-31-15):
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