CORN MARCH 2020 is heading towards a price line of 385.2500 and could reach this point within the next 16 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
Because Silver Spot formed a Channel Down pattern, we expect it to touch the support line. If it breaks through support it may move much lower
Silver Spot is trapped in a Channel Down formation, implying that a breakout is Imminent. This is a…
Gold Spot is quickly approaching the support line of a Flag. We expect either a breakout through this line or a rebound.
A Flag pattern was identified on Gold Spot at 3174.8255, creating an expectation that it may move to…
Natural Gas is currently testing a level of 3.5315. Will the breakout continue or will things reverse?
The breakout of Natural Gas through the 3.5315 price line is a breach of an important psychological price…