ZC corn futures, GO short for tomorrow we have an interesting probability for sell
ZC is doing a really interesting pattern, touching the resistance and getting rejected so bad, with the a VOLUME in the 15mins chart, the 1 hour chart, and also the daily chart. so this is a really good chance to make money. pullback is also done on the moving averages
Big chance for breaking key level for corn. I will buy instrument only with low volatility higher our price and with Stopp loss not more than 1,5$. Good luck :)
The last time we had a perfect storm situation to buy grains, we had a monster rally in both corn and beans. We are now in a similar situation, with the recent surge in Nat Gas affecting fertilizer prices. Weather in Brazil is problematic and China is struggling to produce grains locally...We are once again nearing a situation where reward to risk for buying into...
ZC in the weekly chart, and i have noticed that a channel have been broken, a long one in fact it started in 2015 and the price broke in 2020, so that is FIIIVE years, and now it went back to do a pullback on the moving average 209 period, Belkhayate trend, and a resistance that the price have made, alongside a breaking in the center of Belkhayate cycle.
hello traders this is my view about the market of zc , since last August the corn market has gone up and as you can see and at the end of June the corn fell and we maintain a balance
I'm actually talking about the real commodity here. Interestingly it has a nice base and daily trend signal here, which has decent upside vs risk. I'm long since last Friday, near the open using July corn futures. Looking for a move towards the target on chart in time. This could be a major bottom, so, probably interesting to see if we can keep a part of the trade...
The CORNUSD, symbol ZC, is in a long-term Bear Market with price trading above the 50 week ema, but below the 200 and 800 week emas. The the long term emas are mostly flat, signaling accumulation / distribution. The price action appears to be finishing up the b-wave of a final y-wave down. This would correspond with a long-term commodities bottom expected in...
Daily Chart Explanation: - Price started its down move from the Major Resistance Zone. - Price made a retracement towards the Middle Resistance Zone. - Now, it should be strong enough to go down towards our targets to the Support Zone first and to the Major Support Zone then. Weekly Vision: Updates coming soon!
Daily Chart Explanation: - On the Weekly Vision, price is in a huge lateralization, we see it has potential to move down towards the Support Zone. - Now, price is on the Resistance Zone. - We expect it to bounce from here. - We are looking for sell setups on lower timeframes. Weekly Vision: Updates coming soon!
Daily Chart Explanation: - Price started its down move after bouncing on the Major Resistance Zone. - Now, price is on the Middle Resistance Zone. - If it bounces from here, it has potential to continue its down move towards the Support Zone and, then, towards the Major Support Zone. - We are looking for sell setups on lower timeframes. Weekly Vision: ...
First attempt at analysing grains. Curious to see how this plays out
Following the disappointment of the failed talks between the United States and China about two weeks ago, grains, particularly corn and soybeans, have fallen. The corn price dropped to a new low of the year (Monday, May 13). Since that time, the corn has started a steep rise due to the known meteorological problems. If we take the chart of the futures contract...
Corn plantings around the world are extremely behind schedule. As corn's plant by date passes prices will skyrocket. The red line is the range breakout area to go long for a parabolic move.
Corn is in a significant S/R zone. Morover, COT report confirms overbought market.