Corn Futures - Area Chart Analysis - Monthly View

2020년 4월 29일

Hello everybody,

Here is my chart analysis for Corn Futures.

Monthly timeframe & long-term vision.

Since its historical top at 806'4 Corn is on a downtrend.
Its bearish potential is really interesting.

Nevertheless, 300'0 price level could be the next support.
Indeed, Corn has been drifted in a range area between 320'0 & 440'0 since July 2014.

If the actual price breaks this level, Corn could reach the 200'0 price level which has been hit several times.
Between August 1998 & October 2005 but before also, I just don't have more space to show you that in this publication.

However, Pay attention for a possible pullback on the 300'0 price level !

I hope you'll like it !

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Thanks & see you !