CME CBOT:ZC Corn Futures prices forecast : Buy Dip, Target 470 (100, +27.03%)
Corn Futures (CME CBOT: ZC)
Trade : Buy Dip
Entry : 370
Target : 470 (100, +27.03%)
Stop : 335 (-35, -9.46%)
Posted on Thursday, October 8, 2020 (EST)
Note : As expected, grain prices are going up. Wheat leads the prices, followed by soybeans, and now corn began to follow. I don't know what's going on in the grain markets. However, the price movements are telling It is time to pay attention to grain prices. Target prices would be 435 and 470. There may be opportunities to buy at lower prices around 370. Stop price would be 335.
[CME CBOT:ZC Corn futures monthly chart]
Trade : Buy Dip
Entry : 370
Target : 470 (100, +27.03%)
Stop : 335 (-35, -9.46%)
Posted on Thursday, October 8, 2020 (EST)
Note : As expected, grain prices are going up. Wheat leads the prices, followed by soybeans, and now corn began to follow. I don't know what's going on in the grain markets. However, the price movements are telling It is time to pay attention to grain prices. Target prices would be 435 and 470. There may be opportunities to buy at lower prices around 370. Stop price would be 335.
[CME CBOT:ZC Corn futures monthly chart]