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InvestingScope

Corn: Moving sideways on 1W. Short.

Short
Corn Futures (CBOT:ZC1!)  
InvestingScope  
CBOT:ZC1!   Corn Futures
Trend Analysis Chart Patterns Technical Indicators CORN Corn cornfutures Commodities agriculture
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trendanalysis chartpattern indicator corn zc1! cornfutures commodities agriculture
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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