Wednesday 25 May 2022

Technical forecast for Corn

By Jason Sen () · July 23, 2013 · Comments Off
Grains · analysis, binary option, buy sell, candlestick, charts, day trade, day trading, down trend, fibonacci, forecast

Corn for December retests July lows at 491/490 with today’s outlook quite negative. A break lower cannot be ruled out & in fact looks likely, to target a gap at 480. Below here risks a slide as far as 468/467.

Resistance at 502/503 should hold the topside & offer a selling opportunity. We need stops on shorts above 506 however for a selling opportunity at 509/510.

Grains

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Technical forecast for Corn

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