March Corn Breaks Out of 3-Week Range to Downside : vimarsan

March Corn Breaks Out of 3-Week Range to Downside

As wheat has melted down and corn export sales remain dismal, corn futures appear to have convincingly broken out to the downside after trading in a 30-cent range in the past 16 days. The next target for March appears to be the open chart gap at $6.38 with solid support just under that.

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