Wanting like a breakout on $CORN, ideas? : Commodities


I desire SOYB, appears like if it breaks 1485/1490$ the following resistance 1575+, whereas CORN want to interrupt 670$, 680$ 685$ after which it might pop to 700$ however that’s 5% with three resistance stops vs 7% and we’re at that 6 month resistance now. For CORN the Quick place is 3.4BB/44BB (7.7%) annual manufacturing; for SOYB the quick place is 1.8BB/4.4BB (40.1%) of annual manufacturing, that’s sizeable quick place. You possibly can’t print soybean of corn. https://www.cftc.gov/dea/futures/ag_lf.htm



Source link

Related articles

This nice kid-friendly gaming console is $60 off for Prime Day

The Nex Playground is a console filled with kid-friendly video games that function solely with movement controls. It’s cooler than it sounds; the little dice’s digicam can monitor two gamers’ actions in a...

Canine Of The S&P 500: 14 Supreme ‘Safer’ July Dividend Buys

This text was written byComply withFredrik Arnold is a retired high quality service analyst sharing funding concepts with a major concentrate on dividend yields by using free money circulation and one-year whole returns...

Forexlive Americas FX information wrap: Canadian jobs soar, no EU tariff letter but

Markets:Gold up $33 to $3355US 10-year yields up 7.1 bps to 4.42%WTI crude oil up $2.14 to $68.71S&P 500 down 0.3%USD leads, JPY lagsWe went into the day ready for Trump's letter to...

Mach enters Permian, San Juan basins with $1.3 billion in acquisitions

Mach Pure Sources right now introduced its growth into the Permian and San Juan basins with two acquisitions valued at a complete of $1.3 billion. The belongings bought from Sabinal Power and IKAV...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com