Market Overview

Technical Forecast for Corn

Technical Forecast for Corn


Corn for December retests July lows at 491/490 with today’s outlook quite negative. A break lower cannot be ruled out & in fact looks likely, to target a gap at 480. Below here risks a slide as far as 468/467.


Resistance at 502/503 should hold the topside & offer a selling opportunity. We need stops on shorts above 506 however for a selling opportunity at 509/510.

The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: Technicals Commodities Markets Trading Ideas


Related Articles

View Comments and Join the Discussion!