Corn ETV
explainations of an ETV is simply a corn ETF(Trust) or something around the lines of a common bond; I would say; money is money; too me; so I will invest....
As shipping cost drops we see that corn , wheat , cotton are dropping fast. This is a disinflational signal OR a big recession signal. We will see what is going to happen after today's NFP and unemployment numbers. Corn is at a good support point. It may rise again if we see NFP is lower than expected or an increase in the unemployment numbers.
Disclaimer –...
2022's droughts and the Ukraine War put a lot of the world's food supply into question. Food commodity futures had a pretty bullish year. Since we're in mid-February and Western Hemisphere growing season is right upon us, fertilizer stocks are really worth paying attention to.
Food scarcity is an even bigger issue with the Wuhan Pneumonia pandemic smashing Xi...
You know the “It’s Corn” song trending on TikTok? It brings a smile to our face every time we hear it. But if you look at Corn’s price chart and fundamental outlook, that’s a whole other story…
Corn’s recent breakout of a symmetrical triangle towards the downside caught our attention. With the clear break and an ensuing retest, Corn is now trading right on...
Taking a look at K23 Corn futures, a great risk to reward setup has shown itself. Looking back to the beginning of 2023, Corn has retreated to support, and held overnight(~650). Using a tight stop (644), one can surmise that you can risk ~6 to gain ~30, as 680 is previous resistance. Happy Trading!
Agricultural commodities, led by grains rose sharply in 2022. The two main catalysts for the upside in price were the Russia-Ukraine war alongside other supply challenges. There has been a number of cascading events around these two catalysts involving government interventions globally as food prices soared.
However, from mid-October the renewal of the Black Sea...
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Drop
Type: Bearish Drop
Resistance: 688.50
Pivot: 673.00
Support: 648.25
Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. To add confluence to this bias, price is also within a descending...
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Drop
Type: Bearish Drop
Resistance: 688.50
Pivot: 673.00
Support: 648.25
Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bearish due to the current price crossing below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly head...
Title: Corn Futures ( ZC1! ), H4 Potential for Bullish Continuation
Type: Bullish Continuation
Resistance: 706.50
Pivot: 6681.00
Support: 673.00
Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to...
Title: Corn Futures ( ZC1! ), H4 Potential for Bullish Rise
Type: Bullish Rise
Resistance: 706.50
Pivot: 688.75
Support: 661.25
Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. If this bullish momentum continues, expect price to possibly head towards...
As described here - I'm planning to catch the breakout. Let's see if this plays out as I think. In any case - I wish you a good 2023 with lots of good trades. ;)
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Drop
Type: Bearish Drop
Resistance: 671.75
Pivot: 660.00
Support: 636.00
Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly continue...
Looking at the H4 chart, my overall bias for ZC1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell stop entry at 648.50, to catch the bearish momentum. Stop loss will be placed at 664.00, where the recent high is. Take profit will be at 635.00, where the previous swing low is.
Please be advised...
CBOT: CBOT:ZW1! , CBOT:ZS1! , CBOT:ZC1! , CME:HE1!
This is the second report in the series “Year of the Rabbit: Short-tailed Trading”.
US inflation began to pick up in March 2021 and rose rapidly throughout the year. Federal Reserve officials told Americans not to worry. It was due to supply chain issues and comparisons to low baseline numbers in 2020...
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Drop
Type: Bearish Drop
Resistance: 671.75
Pivot: 660.00
Support: 636.00
Preferred case: Looking at the H4 chart, my overall bias for ZC1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. If this bearish momentum continues, expect price to possibly continue...
Looking at the H4 chart, my overall bias for ZC1! is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a possible sell entry at 659.25, where the 50% Fibonacci line and the liquidity hotspots are located. Stop loss will be at 671.75, where the 61.8% Fibonacci line is. Take profit will be at 638.25, where the...
