We have a strong probability to buy or trading long the ZW market.
On the H4 chart, the overall bias for ZC1! is bearish. To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. Looking for a sell entry at 676.75, where the 50% Fibonacci line is. Stop loss will be at 685.25, slightly above where the 61.8% Fibonacci line is located. Looking to take profit at 632.00, where the 50% Fibonacci...
On the H4 chart, the overall bias for ZC1! is bearish. Furthermore, the price is trading below the Ichimoku cloud, indicating a bearish market. Price has reached our sell entry point at 661.75, which is also the 23.6% Fibonacci line. The stop loss will be placed at 685.25, just above the 61.8% Fibonacci retracement line. The 50% Fibonacci line will serve as the...
Title: Soybean Futures ( ZS1! ), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 1484.50 Pivot: 1409.75 Support: 1431.50 Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is crossing under the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly...
Title: Corn Futures ( ZC1!), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 672.50 Pivot: 677.25 Support: 661.50 Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is under the Ichimoku cloud which indicates a bearish market. Overnight price had bearish momentum downwards with price currently trading...
Title: Corn Futures ( ZC1!), H4 Potential for Bullish Momentum Type: Bullish Momentum Resistance: 698.50 Pivot: 661.20 Support: 680.25 Preferred case: On the H4 chart, we have a bullish bias. Overnight price had a bullish momentum and went above the 1st support line at 680.25 where the 50% and 38.2% Fibonacci lines are located. Expecting price to...
Title: Corn Futures ( ZC1!), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 680.00 Pivot: 661.20 Support: 671.50 Preferred case: On the H4 chart, the overall bias for ZC1!, corn is bearish. To add confluence to this, price is below the Ichimoku cloud which indicates a bearish market. Price has tapped on to the 1st resistance at 680.00...
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 680.50 Pivot: 661.40 Support: 669.50 Preferred Case: Corn fell below the first resistance level at 680.50, where the 50% and 38.2% Fibonacci lines are placed. If the bearish trend continues, price could reach the first support level at 669.4, which is nearby the...
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 691.0 Pivot: 661.40 Support: 675.60 Preferred Case: The overall price on the H4 is bullish. Furthermore, the price is above the Ichimoku cloud, indicating that the market is bullish. Price attempted but failed to breach the first resistance level at 691.00. Price...
Title: Corn Futures ( ZC1! ), H4 Potential for Bullish Momentum Type: Bullish Momentum Resistance: 6.900 Pivot: 667.50 Support: 6.310 Preferred Case: On the H4, the overall price is bearish. In addition, the price is below the Ichimoku cloud, indicating a bear market. Price attempted but failed to break through the Pivot at 667.500 overnight. Price could...
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 679.25 Pivot: 667.50 Support: 660.00 Preferred Case: Overall price is bearish on the H4 with a retail double top formed. Price has broken through the 1st resistance at 679.25 where the 61.8% Fibonacci line is. Price could possibly retrace back up towards 677.6...
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum Type: Bearish Momentum Resistance: 698.50 Pivot: 667.50 Support: 679.25 Preferred Case: Price has reflected off the first support level at 698.50 on the H4 and appears to be descending again to test it. watch for the price to cross the first support level and go toward the pivot at 667.50, which is...
Title: Corn Futures (ZC1!), H4 Potential for Bullish Rise Type: Bullish Rise Resistance: 710.4 Pivot: 699.4 Support: 679.25 Preferred Case: On the H4, the price has bounced off the second support at 668.25 which is at the 78.6% Fibonacci retracement line, and went above the first support at 679.25. Price has also gone above the Ichimoku cloud which indicates a...
Type : Bearish Drop Resistance :681.75 Pivot: 688.00 Support : 668.25 Preferred Case: On the H4, with the price reflecting off the 61.8% Fibonacci retracement line and the price being inside ichimoku cloud, we have a neutral bias on corn. price could back to 668.25 where the previous swing low is. Alternative scenario: Alternatively, price might go back up...
Yeah, yeah, it can consolidate. Knee-High by July. Seems output is dropping, significantly. Tortillas? Corn Chips? Fritos? Yeah, all heading higher.
Corn Seasonal Trends in Play: Short September corn from 6/13-7/27. This has been profitable for 13 of the last 15 years with the average gain being roughly 33 cents, or $1,650 per one 5,000-bushel contract. Fundamentals: This morning’s weekly export sales report showed net sales of 140,900 MT for 2021/2022--a marketing-year low--were down 50 percent from the...
CORN /ZC Futures 17 May 2022 The daily expected volatility is around 1,86% With an 82% accuracy based on the historical data, we can assume that the price of NDX/NQ today is going to be between TOP 823 BOT 792 All of this taken into account with the opening price of today which was 808*
Corn Futures - /ZC - pushing through the Points on the monthly chart. Will we see new highs for corn? Get you popcorn now and watch the show. Big things are happening in the world.