Corn held 412/11 & managed to beat 415/16 as we look for a selling opportunity at 420/421. This should hold a move higher today but shorts need stops above 422 for the next selling opportunity at 424/425.
Below 417 is more negative & risks a slide towards 412/411. Yesterday's price action was quite a positive signal in an oversold market, so 412/411 could hold the downside again today. However long
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in