Corn May 2024 moved through the support line of a Pennant at 428.39285714285717 on the 4 hour chart. This line has been tested a number of times in the past and this breakout could mean an upcoming change from the current trend. It may continue in its current direction toward 418.6234.
Related Posts
After testing the support line numerous times, Silver Spot is once again approaching this line. Can we expect a bearish trend to follow?
Silver Spot is heading towards the support line of a Channel Up. If this movement continues, the price…
Important support line being approached by Gold Spot. This price has been tested numerous time in the last 6 days
The movement of Gold Spot towards the support line of a Channel Down is yet another test of…
Supports and resistances are primary concepts of technical analysis. Brent Crude is heading for an important price of 69.5835 – read about what this could mean for the future.
Brent Crude is en route to a very important line that will be a definite deciding factor of…