The breakout of CORN DECEMBER 2020 through the 365.2500 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 DECEMBER 2020 to test 359.1500 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 365.2500 numerous times, CORN DECEMBER 2020 has finally broken through. Can we expect a bearish trend to follow?
