Corn Is Trading At Support While Finishing Correction

Corn is trading at support while finishing correction from a technical perspective and by Elliott wave theory.

a close up of corn on the cob

Photo by Wouter Supardi Salari on Unsplash
 

We talked about how commodities may recover in 2024 again and we can see Corn right now trading at support zone, while finishing wedge pattern within wave (C) of an (A)-(B)-(C) correction. First bullish evidence is above 565 level.

CornD


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