March 22 Corn
March 22 Corn - Daily: The uptrend in March Corn has found upside pivots against the 162% retracements of each previous leg down (Shown with the grey boxes). Using the recent 6.42 swing high and 6.10 swing low, we can identify the 6.62 Target as the latest Primary target filled. 6.74 is the next target higher. We will redraw retracements should we make another leg lower
On a larger scale the 162% retracement from the May21’ High to the Sep21’ Low places the 162% target at 7.23. 1 step at a time
Support is each pivot low. 6.10, 5.84, and 5.57.
On a larger scale the 162% retracement from the May21’ High to the Sep21’ Low places the 162% target at 7.23. 1 step at a time
Support is each pivot low. 6.10, 5.84, and 5.57.
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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.