ew-forecast
Long

CORN Could Continue To Much Higher Levels

CBOT:ZC1!   CORN FUTURES - ECBT
CORN             has been bearish for the last three years as we see on the Weekly chart, but that is likely over as A-B-C correction is currently unfolding. The first wave A has already made 5 waves up, which confirms a new bullish cycle. In wave B we can see a zig-zag pattern, that is near completion. We see some significant Fibonacci support levels around 345 on a Daily chart , from where a bounce could occur.
CoolCreekCTA
2 years ago
I agree; bought at 3.61 today. Close above 3.71 should indicate a move to 3.95 - 4.15
+1 Reply
HappyKing
2 years ago
Thank you!
+1 Reply
ew-forecast PRO
2 years ago
We are happy to share our views.
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HappyKing ew-forecast
2 years ago
snapshot

Thank you for sharing your view., my view is nothing .. but agree with you
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CoolCreekCTA
2 years ago
Luckily I sold out Tuesday @ 36400. This chart is broken and the fundamentals are too bearish for me to trade it. Thee are better opportunities elsewhere.
If you are still long this trade good luck,
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ew-forecast PRO CoolCreekCTA
2 years ago
We will see in weeks ahead
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ew-forecast PRO CoolCreekCTA
2 years ago
Looks like it turned quite well, what do you think ?
CORN UPDATE IV: Corn Turned Up
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