Thanks for bearing with me !!!!
I think I am completely with you now on this post.
I have to go back through all of this again.
Don't respond to following !!
So, now if Corn is now in a "down trend" my next thought might be "what has to happen to put it back in an up trend" ??
When does this dip from (last peak on 3/4/11 of 720ish) to 608 just become a "correction" ?? Maybe, when and if price exceeds the last peak(720ish) and continues higher ??
I quit here for the moment.
As of now, you consider the price of a Corn contract to be 646.5 (today's day close).
I will "launch you into the future" here. When tomorrow's bar opens on your chart it will have a nice gap up to possibly 675 (where it is now), neglecting what may happen rest of night !!!!!!!!