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Ryan_Gorman

December Corn Testing Overhead Resistance

Corn Futures (Dec 2023) (CBOT:ZCZ2023)  
Ryan_Gorman  
CBOT:ZCZ2023   Corn Futures (Dec 2023)
Trend Analysis Chart Patterns Technical Indicators
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trendanalysis chartpattern indicator
December Corn has had a nice recovery off the lows from May near 490'6, and now are looking to test what was old support and is now new resistance. A rejection here can send the markets lower and potentially look to test the 511 area, but a close out above the 546 level could be the strong catalyst needed to send these prices higher towards 562'6.
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