After this week's WASDE report, ZC limited up on 1/12. After the expected retracement, ZC has been trading in a range from 527-537.
POC is located at 534, I am expecting a retest of the high of 541'4 in the coming weeks. However, any break below 522'0 would indicate short term weakness.
Long term target of 560'0 by early Spring.
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