ZCH21-Technical's
March 2021 U.S Corn: Weekly Chart
*considering such tight U.S corn c/o, bullish fundamental narrative has not changed.
*focus is on SAM weather issues / logistical problems in SAM
Price Target: 640'0 | BULLISH OUTLOOK
-not surprised to see recent liquidation w/ m.m crts net longs close to 350K and at record-high. M.M making substantial gains recently w/ most of pos. initiating before bullish USDA report during Jan 11.-(which showed a surprise in most grain's and exceeded most trade guess highs [End Stocks Lowered])
Studies: RSI, ATR, Volume
*considering such tight U.S corn c/o, bullish fundamental narrative has not changed.
*focus is on SAM weather issues / logistical problems in SAM
Price Target: 640'0 | BULLISH OUTLOOK
-not surprised to see recent liquidation w/ m.m crts net longs close to 350K and at record-high. M.M making substantial gains recently w/ most of pos. initiating before bullish USDA report during Jan 11.-(which showed a surprise in most grain's and exceeded most trade guess highs [End Stocks Lowered])
Studies: RSI, ATR, Volume
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.