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CBOT:ZCU2016
 
     
 
    
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ZCU2016 Commodities Futures Chart

 

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JaceYoung JaceYoung ZCU2016, D, Short ,
ZCU2016: Sep Corn Futures Long
26 0 1
ZCU2016, D Short
Sep Corn Futures Long

Like the Wheat Market, Corn is massively oversold and is due for some buyers to come in. This market will have the potential to rally back in the 380's - 390's which would be our zone between the 38.2 and 50.0 Fib Retracement. This is also a great area of prior structure in the market. Also, since the market has made a New Structure Low, we can predict a ...

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