Corn recently reversed up sharply from the support zone lying between the key support level 362.00 (low of the previous wave (A) from November) and the lower daily Bollinger Band.
The upward reversal from this support zone created the daily Japanese candlesticks reversal pattern Morning Star.
Corn is likely to rise further toward the next resistance level 391.00 (top of the previous waves (A) and (B) from January).
- Nikkei 225 index rising inside minor impulse waves 3 - Likely to reach resistance…
- NZDJPY rising inside corrective wave ii - Likely to rise to resistance level 91.65…
Gold started the week with new highs and ended the week up 1.3%, despite a…
Crypto market cap rose by 3.2% to $2.21 trillion overnight. This made the struggle to…
- Gold reversed from support level 2550.00 - Likely to rise to resistance level 2600.00…
- S&P 500 broke key resistance level 5670.00 - Likely to rise to resistance level…
This website uses cookies