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
Breach of 3.3335 could mean a start of a bearish trend on Natural Gas
Natural Gas has broken through a support line. It has touched this line numerous times in the last…
Silver Spot consistently settling in one direction. Will it continue?
Due to the rate of consecutive bullish candles on Silver Spot Daily chart we could be in for…
Breach of support could mean a start of a bearish trend on Silver Spot
This trade setup on Silver Spot is formed by a period of consolidation; a period in which the…