Corn Futures

CBOT

ZC1!

Supply and Demand and any trading strategy can be quite overwhelming at times. When looking at the Corn Futures ZC weekly timeframe we can see there is a super strong weekly demand imbalance created around 3600. The strength of that demand imbalance is quite strong, we already have price reacting to it, we are expecting Corn Futures ZC to rally higher, there is a...

Farmers often will not sell into low fall prices, and with the corn crop being is poor condition this year I think we may see about 5$ corn by the end of the year due to poor overall crop conditions and farmer hoarding. Doubly so if we get a cold snap is the near future.

Corn – Expecting A Bounce (daily chart)

up

M pattern Looking at our daily continuous corn contract we will first use our indicators such as RSI, Stoch RSI, and MACD to determine possible directional position. Or RSI is heading down the slightest but has been at this high level three major times with no success to break through and has gone flat. Our Stoch RSI shows slight less buying pressure with the...

EARNINGS: No earnings announcements this coming week in underlyings with highly liquid options with ideal rank/implied metrics (>70% rank/>50% 30-day implied). EXCHANGE-TRADED FUNDS: SLV (82/29) GDX (74/33) TLT (71/15) GDXJ (60/37) GLD (59/15) XOP (35/37) Precious metals ... again, with GDXJ offering the best volatility metrics (>50% rank/>35% 30-day...

corn crop is heavily damaged, and right shoulder is forming. crop report today.

long

Corn has had a big pullback and is now close to testing TL support.

Corn bounced right off the range I mentioned on my last idea, Aggressive traders might go long here but it's probably best to wait for MACD signal and further strength. Seasonally corn is Not bullish at this time of the year, so it's best to be careful with longs **If you're interested in joining a group of like-minded traders, send me a PM. This is NOT a...

I am looking for a huge bullish move up in Wave 3.

target for short corn idea that I posted was hit, now I’m looking for a tradeable low, more downside is likely but it’s probably better to stay flat and let the market figure out from where to bounce and then get on the trend. If 400 doesn’t hold, a low might form in the 380-391 region ** Just an idea NOT a forecast

With commercials holding record high shorts in corn, we might see a sell off next week to 412 support. if it doesnt hold there, it could go to 404-400 ** Just an idea NOT a forecast

Corn, weekly chart: 4 years long resistance zone + "Evening Star" candles pattern + Divergence on RSI(14) + "Shooting Star"/Pin bar candle pattern on monthly chart.

short

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