Corn Trading Channel

CORN has been in a trading channel for months. The weekly chart below shows CORN at the right side of the channel.

Today’s session was quite narrow with price action closing just below existing support.

It’s in Wyckoff spring position.  Higher prices are expected (not a recommendation, not advice).

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.
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