Technical forecast for Corn

Corn for December broke lower in this bear market to 475 & although oversold short term the risks remain to the downside & a slide as far as 468/467 today. Below here we are looking for 460/458.

It is not worth fighting the bears but any move higher meets resistance at 480 & then 482/483 which should hold the topside.

Jason Sen began his career in the options pits on the trading floor of LIFFE in 1987 at the age of 19, making markets on his own account. In 2001 when the trading floor closed he successfully made the transition to day trading on computer screens. Jason always had an interest in technical analysis throughout his trading career but began to study this area in depth from 2006. has established itself as the leading provider of... More