CORN FUTURES
Wyckoff / Market Profile
The current structure is either:
Scenario 1 — Reaccumulation If 417 holds and price reclaims 436/441:
369 = Selling Climax
488 = Automatic Rally
417/420 = Secondary Test / LPS candidate
Scenario 2 — Markdown continuation
If 417 fails:
488 was distribution high
420 is only temporary pause
next liquidation targets are 394 and 369.
Weekly POC at 441.2 is the key auction magnet. Below it, auction remains bearish. Above it, repair toward 452–459 becomes likely.
Trade Location & Invalidation
Long setup
Only attractive if:
417 holds
reclaim 430.2
acceptance above 436
ideally reclaim 441.2 WPOC
Invalidation:
Daily close below 417
stronger invalidation below 394
Short setup
Better after weak bounce: 436–441 rejection
or 452–459 rejection
Invalidation:
strong acceptance above 459.4
stronger bullish confirmation above 488
Probability Ranking
1) Base case — Bounce attempt from 417/420
45% probability
Target: 430 → 436 → 441.2
2) Bearish continuation
35% probability
Trigger: clean break below 417
Targets: 394 → 369
3) Reaccumulation triangle confirmed
20% probability now
Needs: reclaim 441.2, then hold above 417 on the next pullback.
Bottom line: Corn is no longer a clean short at 420.6. The bearish move has already delivered. Now the market is at a tactical decision zone: 417 must hold for the triangle/reaccumulation thesis.
Wyckoff / Market Profile
The current structure is either:
Scenario 1 — Reaccumulation If 417 holds and price reclaims 436/441:
369 = Selling Climax
488 = Automatic Rally
417/420 = Secondary Test / LPS candidate
Scenario 2 — Markdown continuation
If 417 fails:
488 was distribution high
420 is only temporary pause
next liquidation targets are 394 and 369.
Weekly POC at 441.2 is the key auction magnet. Below it, auction remains bearish. Above it, repair toward 452–459 becomes likely.
Trade Location & Invalidation
Long setup
Only attractive if:
417 holds
reclaim 430.2
acceptance above 436
ideally reclaim 441.2 WPOC
Invalidation:
Daily close below 417
stronger invalidation below 394
Short setup
Better after weak bounce: 436–441 rejection
or 452–459 rejection
Invalidation:
strong acceptance above 459.4
stronger bullish confirmation above 488
Probability Ranking
1) Base case — Bounce attempt from 417/420
45% probability
Target: 430 → 436 → 441.2
2) Bearish continuation
35% probability
Trigger: clean break below 417
Targets: 394 → 369
3) Reaccumulation triangle confirmed
20% probability now
Needs: reclaim 441.2, then hold above 417 on the next pullback.
Bottom line: Corn is no longer a clean short at 420.6. The bearish move has already delivered. Now the market is at a tactical decision zone: 417 must hold for the triangle/reaccumulation thesis.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.