Corn FuturesShort
Corn Short
Continued downside on corn amid supply issues.
Nice clear technical downtrend with volume profiles confirming direction with P-shape and POC at lows of days indicating price acceptance continues to move lower.
Price rejecting off previous swing low, 50% fib retracement with EMA confirming trend.
Possible entry on break through counter trendline and target at previous swing low or previous volume cave.
Nice clear technical downtrend with volume profiles confirming direction with P-shape and POC at lows of days indicating price acceptance continues to move lower.
Price rejecting off previous swing low, 50% fib retracement with EMA confirming trend.
Possible entry on break through counter trendline and target at previous swing low or previous volume cave.
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