hopscotch

May Corn Crosses 20 Day MA

hopscotch Updated   
CBOT:ZCK2018   Corn Futures (May 2018)
May Corn has crossed over the 20 day MA and could be setting up a Bullish Gartely pattern. Next downside target pivot at 376'6. S1 at 369 is the overall target. RSI has turned bearish. Resistance comes in at 387'4.
Comment:
Corn breaks pivot. Next downside target S1 at 369. Between S1 and S2 at 364 should complete RSI
Comment:
Corn doji pause may see prices continue down. No out yet for bears. Need 20 MA cross over for upside potential.
Comment:
Corn creating a bearish flag today. Expect downside move to S1 at 369

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