====== Trap ======

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We received confirmation last week that a bull trap was formed when Corn tried to pierce through its downtrend line. During the overnight session yesterday, a similar move happened when the market tried to break the uptrend line established over the last couple months creating a possible bear trap. The trade will decide this week if a bear trap was formed and corn returns to the middle of the range or we break lower with targets set at the first major support of 6.35

🟢Current upside targets: 6.60 and 6.75

🔴Current downside targets: 6.49, 6.44, and 6.35