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CORN MAY 2020 is quickly approaching 378.5000. We expect either a breakout through this line, or a rebound.

CORN MAY 2020 is heading towards a line of 378.5000. If this movement continues, we expect the price of CORN MAY 2020 to test 378.5000 within the next 2 days. 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.

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After testing 124.00 numerous times, Caterpillar Inc. is once again approaching this price point. Can we expect a bearish trend to follow?

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We expect MW to trend downwards right now.

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