Title: Corn Mini Futures ( XC1!), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 699.3
Pivot: 661.20
Support: 654.20
Preferred case: On the H4 chart, price has tested the 1st resistance line at 699.3 multiple times where the 20% and 78.6% Fibonacci lines are located. Price then retraced downwards with price under the Ichimoku cloud which...
Title: Corn Futures ( ZC1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 706.50
Pivot: 661.40
Support: 698.50
Preferred case: Corn prices have been rising since September 28, 2022. The price is above the Ichimoku cloud, indicating a bullish market. Price hit and bounced off the second support level at 680.4, which contains the 50%,...
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 698.4
Pivot: 661. 40
Support: 680. 40
Preferred case: Since September 28, 2022, corn prices have been rising. The price is above the Ichimoku cloud , indicating that the market is bullish . The price moved strongly upwards, approaching the first resistance level at...
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 698.4
Pivot: 661.40
Support: 680.40
Preferred case: Since September 28, 2022, corn prices have been rising. The price is above the Ichimoku cloud, indicating that the market is bullish. The price moved strongly upwards, approaching the first resistance level at...
Title: Corn Futures ( ZC1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 696.25
Pivot: 661.40
Support: 680.50
Corn prices have been climbing since September 28, 2022. The price is above the Ichimoku cloud, which adds to the market's bullish bias. The price is currently consolidating along the 50% and 38.2% Fibonacci lines, which...
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 680.50
Pivot: 661. 40
Support: 669.50
Preferred Case: Corn fell below the first resistance level at 680.50, where the 50% and 38.2% Fibonacci lines are placed. If the bearish trend continues, price could reach the first support level at 669.4, which is nearby the...
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 680.50
Pivot: 661.40
Support: 669.50
Preferred Case: Corn fell below the first resistance level at 680.50, where the 50% and 38.2% Fibonacci lines are placed. If the bearish trend continues, price could reach the first support level at 669.4, which is nearby the...
Daily ZC analysis
A long position with the target and stop loss as shown in the chart
The trend is up, we may see more upside
All the best, I hope for your participation in the analysis, and for any inquiries, please send in the comments.
He gave a signal from the strongest areas of entry, special recommendations, with a success rate of 95%, for any inquiry or...
Title: Corn Futures ( ZC1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 698.00
Pivot: 661. 40
Support: 661.50
Preferred Case: Corn has been rising since September 28, 2022. The price is above the ichimoku cloud , adding to the bullish market bias. Price is currently consolidating along the 50% and 38.2% Fibonacci lines, which mark the...
Title: Corn Futures ( ZC1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 698.00
Pivot: 661.40
Support: 661.50
Preferred Case: Corn has been rising since September 28, 2022. The price is above the ichimoku cloud, adding to the bullish market bias. Price is currently consolidating along the 50% and 38.2% Fibonacci lines, which mark the...
Title: Corn Futures ( ZC1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 698.00
Pivot: 661. 40
Support: 661.50
Preferred Case: Corn has been on a bullish trend since September 28, 2022. Price is above the ichimoku cloud , which denotes a bullish market, adding to this confluence. Price reversed course through the first support level at...
Title: Corn Futures ( ZC1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 698.00
Pivot: 661.40
Support: 661.50
Preferred Case: Corn has been on a bullish trend since September 28, 2022. Price is above the ichimoku cloud, which denotes a bullish market, adding to this confluence. Price reversed course through the first support level...
Fundamental Spotlight:
Weekly Export Inspections
Corn: 661,658 metric tons; in line with analysts' estimates
Soybeans: 575,220 metric tons; in line with analysts' estimates
Wheat: 667,577 metric tons; above analysts' estimates.
Crop Progress
Corn: 20% harvested, this was within the range of estimates, 7% behind last year's pace
Soybeans: 22% harvested; this is a...
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 691.0
Pivot: 661.40
Support: 675.60
Preferred Case: The H4 price is in a downward trend. Price breached and closed below the first resistance level at 691.00. Price could potentially reverse back down to the pivot line and 20% retracement level at...
Title: Corn Futures ( ZC1! ), H4 Potential for Bearish Momentum
Type: Bearish Momentum
Resistance: 691.0
Pivot: 661.40
Support: 675.60
Preferred Case: The overall price on the H4 is bullish. Furthermore, the price is above the Ichimoku cloud, indicating that the market is bullish. Price attempted but failed to breach the first resistance level at 691.00. Price...
Title: Corn Futures ( ZC1! ), H4 Potential for Bullish Momentum
Type: Bullish Momentum
Resistance: 6.900
Pivot: 667.50
Support: 6.310
Preferred Case: On the H4, the overall price is bearish. In addition, the price is below the Ichimoku cloud, indicating a bear market. Price attempted but failed to break through the Pivot at 667.500 overnight. Price could...
