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Corn Futures Analysis: Navigating Resistance and Moving Averages

Removing the Guesswork

Today, we provide a detailed technical analysis of the corn futures market as of October 24, 2024.

Using a daily chart from TradingView, we discuss the significance of various key levels, including the Fibonacci retracement from May highs to August lows, explaining the anticipated resistances and supports.

Video Timestamps

00:00 Introduction and Market Overview

00:08 Analyzing Corn Futures Chart

00:19 Fibonacci Retracement and Price Path

01:04 Recent Market Movements

01:25 Resistance Levels and Moving Averages

01:58 Trading Strategy and Predictions

03:18 Conclusion and Final ThoughtsDaily Chart

Daily Chart

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Corn
Technical Analysis of the Corn Market