CORN SEPTEMBER 2020 is heading towards a price line of 327.5000 and could reach this point within the next 8 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
After testing 70.7485 numerous times, US Oil has finally broken through. Can we expect a bearish trend to follow?
US Oil has broken through a line of 70.7485 and suggests a possible movement to 69.4582 within the…
Natural Gas is quickly approaching the resistance line of a Rising Wedge. We expect either a breakout through this line or a rebound.
Natural Gas is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a…
If you’re long Silver Spot you should be aware of the rapidly approaching level of 32.3870
Silver Spot is moving towards a key support level at 32.3870. Silver Spot has previously tested this level…