Corn Wednesday Forecast

Wednesday Forecast (May 3, 2023)

Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 572, which will be followed by reaching resistance level 597.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 572, which will be followed by moving down to support level 540.

Weekly Forecast (May 1 – 5, 2023)

Uptrend scenario
An uptrend will start as soon, as the market rises above resistance level 597, which will be followed by moving up to resistance level 634.
Downtrend scenario
The downtrend may be expected to continue in case the market drops below support level 574, which will be followed by reaching support level 540.

Monthly Forecast, April 2023

Uptrend scenario
The uptrend may be expected to continue, while market is trading above support level 636, which will be followed by reaching resistance level 670.
Downtrend scenario
An downtrend will start as soon, as the market drops below support level 636, which will be followed by moving down to support level 597.

Share on facebook
Share on twitter
Share on linkedin