ZC futures LONG ZC is doing a really interesting pattern, touching the resistance and getting rejected so bad, with the a VOLUME in the 15mins chart, the 1 hour chart, and also the daily chart. so this is a really good chance to make money. pullback is also done on the moving averages Shortby Amzilismail0
Sold Corn Sold Corrn at 596 which was 162.5% of the weekly ABC swing and confirmation to hold was given by Larry Williams Chaos Theory with confirmation of the first wise man. Risk is only 1c of corn so not a very risky trade. Shortby BoccaLupo2
ZC long above 590 $Big chance for breaking key level for corn. I will buy instrument only with low volatility higher our price and with Stopp loss not more than 1,5$. Good luck :)Longby YevheniiZakhachenko0
ZC Corn Futures Shorts From Current AreaZC/ Corn Futures has been rejecting current level for the past few days. A couple months ago it completed a bearish bat pattern in where price reacted nicely and is currently retesting the area. Shorts/ Reversal is expected from this area.Shortby UnknownUnicorn274181530
Some delta actionhoping this will be the stop run, I normally wait to confirm it by giving it time to run to my side first, but this one i was ready to risk.by De_Paddy0
March 2022 Short Position - Trend Line AnalysisMarch corn has reached an area of strong technical support in the ~$5.80 area. Having held strong many times in the past, and never successfully holding above this level for longer than a week or so, it looks like a great opportunity to enter into a short with a target of ~$5.40. Shortby BottomLineRisk0
Continuous CornNot much fundamentally going on with corn which makes me like this rally even more. I'm buying 3 swing set backs.Longby Commodity_Operator2
zc long ZC in the weekly chart, and i have noticed that a channel have been broken, a long one in fact it started in 2015 and the price broke in 2020, so that is FIIIVE years, and now it went back to do a pullback on the moving average 209 period, Belkhayate trend, and a resistance that the price have made, alongside a breaking in the center of Belkhayate cycle. Longby Amzilismail1
CORNNNNNNNNNNNNStagflation Oil Harvest USDA’s World Agricultural Outlook Board anticipates 2021/22 corn, soybean, and wheat harvested area to total nearly 1.4 billion acres. In the past two years, an additional 57 million acres of corn, soybeans, and wheat across the world have come into production – a 4.4% increase since 2019. And those acres need supplemental nutrients to produce profitable yields. Current price levels are encouraging for fertilizer production expansion. But rising natural gas costs as energy supplies run dry mean that the global fertilizer production increase could be thwarted by looming energy shortages in Russia, China and the European Union. NOAA is currently forecasting a warmer than normal winter across much of the Heartland. Temperatures in the Pacific Northwest and Northern Plains are likely to be cooler than usual. If an unexpected polar vortex hits late in the winter and energy reserves in the Gulf are not adequate, domestic fertilizer production could face more delays. It will likely be another tight year of global fertilizer supplies as more world players such as India, Brazil, China and Russia compete with the U.S. for available fertilizer supplies. While spring 2022 shortage fears are still largely speculative, farmers are wise to plan for worst-case scenarios regarding 2022 fertilizer applications. It marks a warranted shift in managerial focus from price risk to operational risk. As we have prominently seen over the past three growing cycles, crop quality and yield – thus revenues – are negatively impacted when farmers halt operations for any reason. And with a rapid rise in weather volatility, waiting on pesticide and fertilizer supplies next spring increases the risk for lower yields next fall. Longby UnknownUnicorn297531254
ZC long above 540$I will buy corn futurese higher 540$, because this is very strong level and above this price everybody who sell from this level will close their short possision ("bears" will lose money higher this price) and all bulls start open their long possision so it should give us some impuls.Stopp loss not more than 2 $ and TP minimum 6 $.Good luck :)Longby YevheniiZakhachenko1
Corn inflection pointI am looking for a test of 506^6. If it holds the correction could be done. If it breaks then I am looking for more down side. Early #soybean planting in S. America helps the chances of a better second crop of #corn. High fertilizer prices and availability could hurt corn acres in the northern hemisphere for 2022. Watching for clues.by Commodity_Operator112
CORN ACCUMULATION AFTER DISTRIBUTION!Hello my beauties. I think the price of Corn is on its way to complete an accumulation phase. If the price breaches above the red trading range and successfully retests, I will enter a long position before the markup. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing you with value. Peace. Luca, TrickleDownFXLongby TrickleDownFX4
BEARISH ON US CORNBearish clues: - General downtrend since August 2021 - Ascending wedge , breakdown with a bearish engulfing candlestick pattern - Bearish Divergence on the Relative Strength Index (RSI) + below the neutrality zone (RSI < 50) - Pullback done on a resistance zone around $5.40/bushel - Breakdown of the 150 Exponential Moving Average Fundamental news: - US Corn production seems to be good , as well as the European and France productions - WASDE USDA Report is expected on October 12, 2021 Objective: The theoretical objective of the ascending wedge is around $5.00/bushel . US Corn could goes down to the level of $5.23/bushel first (resistance and 50% Fibonacci retracement level) and then down to the $5.12/bushel . Then, the last objective is $5.00/bushel (ascending triangle's theoretical objective and psychological price level) MAYBE WAIT THE WASDE USDA REPORT RELEASE TOMORROW (OCTOBER 12, 2021) Feel free to share, comment and give your opinion if it is constructive ;) DISCLAIMER: This is not investment advice Shortby ViclreTradeUpdated 2
Continuous CornA few things for direction on Corn after report. Some bias for more upside longer term, but the market has been saying not so fast lately. US Dollar: Usually trends lower into major China export programs (more so for beans than corn as China usually does not buy much corn) Trends higher after export program concludes. Some resistance ahead. A move lower would help grain exports…. COT: Commercial Net is tipping lower. Natural selling by farmer. (+) Commercial Shorts could be reversing to add to positions, typically places a low. (+) Commercial Longs have not been adding. Until they start adding I will remain neutral. (+/-) Funds are adding to longs. (+) **These indicators lag behind change in trends. But if we do trend after the report, It should help confirm a bigger picture scenario either way…. by mtb19800
December21 CornDecember 21 Corn - Weekly: A very wide range of price action that has so far respected the downtrend line since the early May high. There is an abundance of volume by price in the 5.40-5.60 range. The 5.27 low will be key support on a daily close. Support below at 5.20 and 4.98. Further Risk at 4.77- 4.66 and 4.47. Bulls would like to see a weekly close above the blue Tenkan line at 5.46. Targets above remain at 5.57 with a primary focus in the 5.73 to 5.94 area. by mtb19801
Continuous CornCorn – Weekly Cont: The 5.47 area had the most volume by price since the uptrend began. Did the recent bump give the Funds an opportunity to bail on their longs or does it prove to be an area of accumulation for funds and end users??? Weekly support at 5.21 needs to hold for the weak longs. Further key support at 4.98. Risk is 4.66-4.37. So far the cloud is acting as good support. Any further strength needs to see a weekly close above the 5.44-5.47 resistance. Initial target above 5.47 is at 5.88 and then 6.16. Current “Market Structure” is very sensitive. Downside Risk is 4.37, Upside Risk is any posted number up to 8.81 by mtb19801
Next Level of SupportCorn could go another level lower to the 61.8 % Fib level at 467 USX. I expect there a reversal of the trend because of seasonality.Shortby p4917Updated 0
When on the breath of Autumn's breezei am looking at sept 20-23 as a bottom in corn. my cycle study shows corn to be bullish the next 3 years so my suggestion would be btd after sept turning period. Longby Oppollo332
December 21 CornDecember 21 Corn - Weekly: A very wide range of price action that has so far respected the downtrend line since the early May high. There is an abundance of volume by price in the 5.40-5.60 range. The weekly chart shows the red Kijun line (5.44) and blue Tenkan line pinching together. Weekly closes below 5.44 is a concern for the bulls. A Weekly close above 5.17 will be supportive (lowest weekly close posted wk of 7/6). Support targets below in red. Targets above in blue. by mtb19800
Continuous Corn MixedCorn – Weekly Cont: **Technicals showing mixed signals** Will Friday’s bump hold? Dec21 leading the continuous chart. The lagging indicator turned negative but can turn neutral/positive with a confirmed bounce. The blue Tenkan cross below the red Kijun is bearish. Need a weekly close above the blue TenKan line. The slight uptrend channel was broken, could be labeled as a bear flag and could still target price action lower to 4.66-4.37 area The green cloud offers up trending support, let’s see if Friday’s 4.97 holds. There is a big gap in volume by price between 4.25 to 5.20 area….Lots of volume at 5.47 will continue to act as a magnet. Above will target 5.89 as a key hurdle to get over… by mtb19800
Key Support Dec Corn FuturesNear complete triangle in Dec Corn with measured blue line resistance at $574 and wave E. Waves B & D are key triggers with confirmation for the pattern. Black line $497'2 forms symmetry and is a level to watch on a pattern break.by hustontrading0
Short-trend in CORNIt seems like a bearish flag pattern, which is building up in the Corn futures. So this could result in another short-term bearish impulse. According to the seasonality charts we have at the end of Sep/Oct (depends on which charts you take into consideration) a seasonal low. According to the CME, it's not expected before Nov/Dec (New Crop months). My personal long-term view on the agriculture commodities is of course very bullish - but we can go still one level lower over the next months ... by p4917Updated 1
/ZC Better Hold HereIf /ZC doesn't hold here, it could go waaay down, to the next level of support.Shortby chrisbrecher111