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Corn Technical Analysis

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Daily technical analysis based trade tips and ideas for Corn. Our report outlines clear and precise trade entry levels with profit targets and stop loss levels across a broad range of prices for the intraday. To gain an edge in the markets, successful professional traders need a daily trading plan and must be aware of important support and resistance levels. We ensure you are fully prepared to maximise profitable trading opportunities throughout each day, minimising your risk, maximising your profits and taking away the element of gambling.



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Corn - July contract
Corn holds below first resistance at 373/374 in the sideways trend.
Today's Analysis
16 May 2017 Updated at 00:21am GMT
Corn holding below 370/369 targets 366/365 perhaps as far as 363 before good support at the April low at 361/360. Obviously a break lower should be sell signal targeting 357 & 352/351.

Above 370 meets first resistance at 373/374 before stronger Fibonacci resistance at 379/380. A break above 382 targets important 8 month trend line resistance at 385/386 for a selling opportunity.
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Technical Analysis Corn CME
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