Continuous Corn
Corn – Weekly Cont: Price action currently inside the cloud shows the potential for a wide range of movement.
Filled the 38% 5.88 target. Next line of resistance at 6.07 with a 50% target above at 6.16. Support is the blue Tenkan line at 5.47 with further support at 5.20. Risk below is the pivot low at 4.97 and then it is wide open.
Filled the 38% 5.88 target. Next line of resistance at 6.07 with a 50% target above at 6.16. Support is the blue Tenkan line at 5.47 with further support at 5.20. Risk below is the pivot low at 4.97 and then it is wide open.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.