Technical forecast for Corn

Corn held 412/11 & managed to beat 415/16 as we look for a selling opportunity at 420/421. This should hold a move higher today but shorts need stops above 422 for the next selling opportunity at 424/425.

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Technical forecast for Corn

Corn broke 420/419 & as we warned the outlook remains weak, a break below 415 was seen & the 1 year bear trend continues as we hit the

Technical forecast for Corn

Corn tried a move towards 476/477 for profit taking on our longs as hoped but only made it to 474. We just survived a test of Tuesday’s low

Technical forecast for Corn

Corn tested good support at 477/476 & saw a low for the day as predicted. We bounced to resistance at 484/485 which did hold the topside as expected.

Technical forecast for Corn

Corn tested good support at 477/476 & saw a low for the day as predicted. We bounced to resistance at 484/485 which did hold the topside as expected.

Technical forecast for Corn

Corn buying opportunity at 485/484 worked perfectly as we made it back towards resistance at 493/494 for profit taking & attempting shorts. Over night however we have broken

Technical forecast for Corn

Corn continued the recovery as predicted but unexpectedly broke strong resistance at 497/498. to reach 508. This is a 50% recovery of the last leg of the sell

Technical forecast for Corn

Corn continued the recovery as predicted & gapped open above 479 in a very bullish move to hit 489. We look for continued gains today with a break