Noticed we broke down through a long term supportive Trend Line on Friday 12/4/20. See the thin white angled line from bottom left in Aug at about 325 up to the upper right at present day on the Mar Corn futures. See how we broke through the Trend Line and closed below it. This supports our bearish thesis.
Also Fri and Thu candles formed a Bearish Engulfing pattern. And we haven't closed below the 8ema in 5 trading days. This further supports our bearish thesis.
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