CORN DECEMBER 2019 is heading towards the support line of a Channel Down. If this movement continues, we expect the price of CORN DECEMBER 2019 to test 356.5000 within the next 12 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
CORN DECEMBER 2019 is quickly approaching the support line of a Channel Down. We expect either a breakout through this line or a rebound.
