March23 Corn
March23 Corn – Weekly: To much noise in the markets keeps me using weekly charts instead of daily charts. A break into the cloud and move below the blue Tenkan line was a concern, but each week found support against the red Kijun line (currently 6.60). A weekly close below 6.60 now could see continued weakness down to the bottom of the cloud at 6.20. The volume bars on the right show volume by price. Much volume happened at the 6.60 area before the break. Catch up sales should pay attention to this target. Further risk below at 5.85 to 5.68. A move Above 6.60 look at the 6.92 (and 7.11 swing high)
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.