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SIGNAL TERMINATION – CORN LONG – TAKE PROFIT
ORIGINAL TEXT: Corn Long.Corn prices are now trading below the 20-day moving average for the first time in months, but still well above their 100-day moving average. Furthermore, this commodity usually monitors the price of oil, which is at an 11-month high because corn is used to produce ethanol. In addition, corn has been on an upward trend for a long time, which could actually explode this summer if we face a drought-type weather.