The breakout of CORN JULY 2019 through the 393.0000 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 JULY 2019 to test 386.7000 within the next 12 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
A possible move on Natural Gas as it heads towards support
Natural Gas is approaching the support line of a Falling Wedge. It has touched this line numerous times…
After experiencing a 4.7% bullish move in the space of 13 hours, nobody knows where Silver Spot is headed.
Silver Spot rose sharply for 13 hours – which is an excessively big movement for this instrument; exceeding…
Is the US Oil poised for a turn-around after 5 consecutive bearish Daily candles?
After posting 5 consecutive bearish candles in 7 days, you may start considering where US Oil is heading…