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TFC Commodity Trading Forum

Re: Flat ZC at 751 Dec/JIM/g/Lee
In Response To: Re: Flat ZC at 751 Dec/JIM/g ()

Yes there will be a bounce, but bc it printed 7.55 (Stated in my warning post) it's most likely it will not be up as high as 8.00, In order for corn to move above 8.00, it will need lots of work, many days in a trading channel working it self out from a bearish fractal that was enable at 7.99.
Corn is currently testing 7.48 S/R, after some intraday zigzags here, if fails to find support, then 7.11 is next support / objective and so on.