Corn

July Contract :

  • Expected price range in Dec-Jan : $405 to $450.
  • Expected price range in July : $410 to $450.

Trades : (See trade recommendation notes at end)

July Contract :

Short term : None, safety margin not satisfied.

Long Term : None, safety margin not satisfied.

Prior to making a trade make certain the prevailing trend is in the direction of your trade.

July Contract :

Current price chart formation : Trend UP, Resistance uncertain, Support near $420

July Corn Contract :

The probability of contract high prices occurring in December is 4 percent.  The probability of contract low prices occurring in December is 4 percent. The probability of contract high prices occurring in January is 11 percent. The probability of contract low prices occurring in January is 0 percent. For the July Contract months having highest probability of contract highs are July, August, September, January. Months having highest probability of contract lows are June, July, September, and November.

For the December Contract months having highest probability of contract highs are July, April, June. Months having highest probability of contract lows are August, November, and December.