Corn:
Price made indeed one more move down to the 325/330 zone from where it recovered last Friday with a 2% impulsive move to the upside. Nothing has changed in our outlook for this price. We keep our bias unchanged that a bottom is in the market and that price will trade up from here with 375 as first target. A break of the previous low on August 31 would negate our bias and would force us to go back to the drawing board.
Price made indeed one more move down to the 325/330 zone from where it recovered last Friday with a 2% impulsive move to the upside. Nothing has changed in our outlook for this price. We keep our bias unchanged that a bottom is in the market and that price will trade up from here with 375 as first target. A break of the previous low on August 31 would negate our bias and would force us to go back to the drawing board.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.