Remko

CBoT corn long

Long
CBOT:ZCZ2016   Corn Futures (Dec 2016)
Corn:
Price has been moving more sideways than anything else really during the past week which was not a very significant. Price will ideally make one more initial move to the downside during Monday/Tuesday next and might even trade into the 325/320 zone after which we expect price to resume its ascend again. We keep our bias unchanged that a bottom is in the market and price will trade up from here with 375 as first target for week 41 or maybe later. A break of the previous low on August 31 would negate our bias and would force us to go back to the drawing board.

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.