Corn Futures

CBOT

ZC1!

Corn plantings around the world are extremely behind schedule. As corn's plant by date passes prices will skyrocket. The red line is the range breakout area to go long for a parabolic move.

ZC1!

LONG CYCLES

Purely a weather play, look for July corn to spike to 4.00 never fails during mid April early May

Yellow line is entry; Stop loss is the red line; Take profit are the green lines;

Estamos ante la baja de la onda 2 que puede llegar hasta los 433/440 pts ahi se apoya en un baderin, la onda 3 estaria por salir dentro de un par de dias.

bullish corn but requires patience

So check my last chart to see where I told you what needed to happen to get here. Spoiler alert. I was spot on. Now we have a fresh high and fresh failed to gain. Not a bad place to get short with tight stop just above previous highs. BUT TO TRULY KNOW IF THIS IS THE TOP... you have to lose the high. Look for a close below the last leg that took you up and then...

I like when charts show fresh highs, you just let it do its thing till it signals which way its about to go. Looking to get short on this one as its coming up to a nice past resistance level. Not financial advice. Trade safe.

Lower for wave ((3))

CORN DAILY CHART WAVE ANALYSIS

Key Level: 387’6 I’m working on the idea of triangle wave (B) complete and wave (C) is developing into 5 wave motive structure. By using Elliot rule of “WAVE 2 never retrace 100% of wave 1”, we can establish an invalidation level that served as our key level of this analysis. If wave (B) complete, corn has no business to go above 387’8 level and I’m looking...

Working on the idea of wave 5 diagonal triangle in corn weekly chart

Watching for weakness at the value area high at 383'2 with a target at the POC

Corn could go DOWN...

We are watching a bearish movement based on the drive of the time target. Next could be a probable uptrend.

After a downtrend, we are watching a probable bullish movement based on the drive of the basic time target.

Corn is coiling above the 1/1 Gann fan. Ready for the next move up. Probability H.