The breakout of CORN MARCH 2020 through the 388.2500 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 MARCH 2020 to test 383.5500 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.
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After testing 388.2500 numerous times, CORN MARCH 2020 has finally broken through. Can we expect a bearish trend to follow?
January 15, 2020 9:17 pm
