I only meant that there is significant potential support in this area on the monthly. We've already tested 345 (March) again tonight. If that fails by more than just a few ticks, I won't be long.
Corn market is very tricky. one or two day of movement then trade SIDEWAY. then one upday then turn around downday. I'm sitting on side line.
Depends. 80% of my trading in the grains is chart based, with a seasonal bias. I will, however, look at fundamentals and weather and such around big USDA reports and try to take a more fundamentally biased position, or at least hedge a chart based position. Mostly though, the chart and trend will win out in the end, so I stick mostly with that.