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TFC Commodity Trading Forum

Re: corn *PIC*
In Response To: corn *PIC* ()

So far corn has moved over the small daily resistance trend line and moving towards the next S/R at 634.25 (There's a small fib. s/r at 628 25 not shown in the chart) once that is clear, then 634. - Clearing 634 and finding support there, it's most likely that it will target 685. Please keep in mind that my calculations are numerical and purely technical and does not see supply, demand, weather conditions, speculation, manipulation, or, listen to parrots.........

There are some S/Rs in this chart that will make the price bump and dump, retrace and jump....

If the price was to print below yesterday's low 616, will void the above target 685

This is just an opinion, the market always has the last word and in due time will show us the real deal in dollars and cents.

g

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