Corn Weekly Forecast By: Barchart | March 19, 2023
Weekly Forecast (March 20 – 24, 2023)
Uptrend scenario An uptrend will start as soon, as the market rises above resistance level 642,6 – 648,2, which will be followed by moving up to resistance level 667. Downtrend scenario The downtrend may be expected to continue, while market is trading below resistance level 642,6 – 648,2, which will be followed by reaching support level 606,6.
Monthly Forecast, February – March 2023
Uptrend scenario An uptrend will start as soon, as the market rises above resistance level 688,6, which will be followed by moving up to resistance level 704,6. Downtrend scenario The downtrend may be expected to continue, while market is trading below resistance level 688,6, which will be followed by reaching support level 669,2, 661,2 and 648,2.
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor! • DiscoverGold
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