The breakout of CORN SEPTEMBER 2020 through the 315.2500 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of CORN SEPTEMBER 2020 to test 314.1000 within the next 5 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
A Channel Up has formed, Natural Gas is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
Natural Gas was identified at around 2.756 having recently rebounded of the support on the 1 hour data…
If Natural Gas touches 2.7115 it may be time to take action.
The price of Natural Gas in heading back to the support area. It is possible that it will…
Resistance line breached by Gold Spot. This price has been tested at least twice before.
The last 21 4 hour candles on Gold Spot formed a Falling Wedge pattern and broken out through…