InvestingScope
Short

Corn: Moving sideways on 1W. Short.

CBOT:ZC1!   Corn Futures
Corn             has been practically neutral on 1W ( RSI = 54.490, ADX = 23.173), trading sideways since mid July. With the price currently testing the inner 374'2 Resistance, we consider it to be high enough for a short towards the 0.618 1D Fibonacci = 356'6.
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