July Corn – Daily: The (red) Downtrending pitchfork is in a battle with the (grey dashed) uptrend line. Price action may still target a move lower following the median line if the uptrend is broken. Support is 6.02, pattern targets have risk at 5.64 to 5.43.
Resistance at 6.69, 6.85 and 7.07. If met, 7.07 should act as strong resistance and a breakout above could lift strong and fast to the Primary target at 8.17. **For trades, not much time left for the July contract before first notice day**
Resistance at 6.69, 6.85 and 7.07. If met, 7.07 should act as strong resistance and a breakout above could lift strong and fast to the Primary target at 8.17. **For trades, not much time left for the July contract before first notice day**