August 15, 2023

 The move is happening…

Don’t just watch…

Get on now…

Having done this for 43 years does not make you a market guru…but all that experience does count for something…and DOES sometimes provide you with a very REAL sense of “déjà vu,” by which I mean I could easily show you 100’s of bear markets that all look, feel, sound like and perform in almost exactly the same manner.

And that, guys, is where we are in Corn and Soybeans. Contrary to what seemingly 99% of analysts have been telling you, they ARE, and HAVE BEEN, in bear markets that started 18 months ago…and more specifically, they ARE at that stage where a year-long drift lower suddenly turns into the outright collapse I have been looking for…And believe me, this collapse has not just been some sort of wishful dream trade sort of thing …I have been predicting a big, fast, relentless CRASH simply because I have seen it happen, across the board in the markets, literally, 1000’s of times…

In other words, bear markets do not just meander lower forever. At some point they shift into high gear and take all of the bulls (analysts, speculators, and farmers alike) and just rip their guts out, generally with a sharp, relentless tumble down to prices that several months earlier would have been thought almost impossible.

And that IS where I think we are right now…

CORN MADE NEW ALMOST 2 YEAR LOWS TODAY…AND FROM HAVING SEEN IT SO MANY TIMES BEFORE…I HONESTLY THINK WE COULD BE AT $3.50-$3.75 BEFORE DECEMBER EXPIRES ON DECEMBER 14^TH.

Here is an option with more leverage…

Significantly, here we are at new 2 year lows...and IN A BEAR MARKET...but I have yet to hear the first analyst talking about anything other than "next support" and NOTHING about where we are headed one downside...

And I LOOK FOR SOYBEANS TO BE DOING THE SAME…DIVING RELENTLESSLY LOWER INTO JANUARY, WITH A TARGET OF LESS THAN $10.00.

And I don’t care what you’re still hearing about “tight supplies” in Soybeans, this is NOT last year…when analysts everywhere were chattering about “running out of Corn and Soybeans”(which did NOT happen anyway), and I urge you understand that $13.00 Soybeans are NOT the new norm…

I might be dead wrong, which could mean losing 100% of what you invest, but I think the BIG ONE IS FINALLY HERE…that point in the markets that eventually DOES come, when, as quoted by one of my trading idols, “You get the move you’ve been waiting on…and the money just comes in GLOBS.”

I urge you to get on this…Corn and Beans are NOT staying up here…

Pick up the phone and call me…

Thanks,

Bill

770-425-7241

866-578-1001

 All option prices in this newsletter include all fees and commissions. All charts, unless otherwise noted, are by Aspen Graphics and CRB.

The author of this piece currently trades for his own account and has a financial interest in the following derivative products mentioned within: Corn and Soybeans