Corn's overall trend, revealed by trends of price, leverage, and time, are defined and discussed in The Matrix for subscribers.
Warren Buffett didn't amass billions chasing volatility over the short-term. Corn's daily rally, an impulse that generated a 32% in 26 days and is still in place, has traders chasing their tails during the pullback. The impulse's nearly 5 sigma price cycle was and will always be a warning, so either take profits and live with the possibility of 8-sigma rally missed, or not, and stop bitching about a lack of trading discipline.
Volatility, a mathematical condition that gives rise to increased trading noise within trends, is filtered out by the computer. The filtering process means we still don't know if the current daily uptrend will flip down. It could easily recover, thus, allowing price to take out the recent high.
This is impossible to explain on social media, because of the convenience of assertions (blanket comments) void of supporting data. Blanket comments, the worst receiving high-fives (likes) from drones, aborts the learning process that time drives profits for everyone except short-term volatility traders.
The play continues to be waiting for corn to RESET. If you have so much leverage that this is impossible, then time will always be your enemy.
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