CORN FUTURES - ECBT CBOT:​ZC1!

just for pondering

Bullish shark with bullish divergence. Waiting to see how price reacts to the reversal zone (purple box).

After breaking the 1D Channel Up (Highs/Lows = -12.9821, MACD = -1.170), Corn just bounced off the first important support at 380. We will either see a strong rebound here (long with tight SL, TP = 392.40) or if 379 breaks, it will look for the 372.20 support (TP = 374).

Price is already falling down. Good for my bear spread ZCN19-ZCZ18.

Long Soybean/Wheat spread, Playing cheap vs expensive ags

Testing trading method to sell weakening Ags and buy strengthening Ags

Looking for a 2-1 Risk/Reward

Self explanatory. Bullish patterns all over, also check out weekly and monthly TTM squeezes.

see the chart

Corn is in a significant S/R zone. Morover, COT report confirms overbought market.

Could be a big 3-3-5 Flat where wave (C) can be either impulse or diagonal also note previous wave (4) ended near 38.2% retracement level

Pyramid of three contracts breaking the breakaway point

Long trade idea

Sold July corn when volume increased over May Corn giving a triple top on the continuous contract. Turned out to be not a bad move, plus May failed to penetrate the 382 on the 240 chart indicating temporary support

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US Corn, commodities, was flirting with high prices for quite some time. 3 days ago, it struggled passing the 392 mark. This was a good sign for traders that it was resisting to move further. 2 days later it collapsed to 372.

Bought corn on 2x1 angle at 374 but might be temporary

Important to monitor the 2 day swing chart in conjunction with the daily trend chart to find import support and resistance points