Kumowizard

Corn - Bulls need to protect 365-370

CBOT:ZC1!   CORN FUTURES - ECBT
40 0 4
Weekly:
- Ichimoku setup is still neutral, but if Price breaks back below 965 it will turn to bearish
- Heikin Ashi signal this week is worrysome, especially that Tenkan/Kijun may cross bearish too
- Last support is 365

Daily:
- Ichimoku setup is turning more bearish: strong bearish Tenkan/Kijun cross, everything is below the Kumo.
- The possible early Heikin Ashi reversal signal at minor trend and horizontal support is the last hope for bulls. No lower low so far compared to low on 19/March. If Price can move higher from here, then Bulls will have some more chance to attack a thin Kumo ard             383 again. However it can turn bullish only above 390.

Maybe it is better not to touch it now.
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out