Corn Futures CBOT:​ZC1!

IN ATTESA DEL..... REPORT DEL 11/10/2018

Head and shoulders break to the downside. Has not been to these levels since 2016.

Corn futures ZC1have touched the 50% Fibonacci level on three occasions and failed each time. Looking for a reversal to the uptrend https://www.tradingview.com/x/HuWKYlvA/

The TP = 372.20 has been hit and the 1D Channel Down (RSI = 37.956, Highs/Lows = -0.2679, B/BP = -1.4820) continues to deploy on a standard manner. Next TP = 337.20 which is the November 13, 2017 bottom and a very likely candidate for a rebound. If it breaks then 320.40 is next.

On Monday 366 would turn up your 2 day swing chart and will also break the daily swing highs

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).

just for pondering

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