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Dec. Corn Rejected at 38.2% (440.00)![]() Corn December The chart is key to this analysis. The longer term trend remains down after being stopped by a 38.2% Fibonacci retracement at 440.00. It has already hit our short term target at 422.00. On the chart you can see all the times the market turned on a Fibonacci retracement and what was expected from them following the ONE44 rules and guidelines. This is the update from 7/3/25. December The low on 7/1/25 held 61.8% on the continuation chart at 421.00 and the Long term target on this is 61.8% the other way at 518.00. The current rally hit 38.2% back to the 2/20/25 high at 440.00 and this will be the key level for next week. Use 440.00 as the swing point for the week. Above it, turns the short term trend positive and the short term target is 61.8% at 455.00. The longer term target is 38.2% back to the contract high at 478.50 this is also a major Gann square and the level that needs to be taken out to turn the long term trend positive. Below it, the short term target is 78.6% back to the 7/1/25 low at 422.00. The long term target is 78.6% on the continuation chart at 405.75, this is also a major Gann square. ![]() ONE44 Analytics where the analysis is concise and to the point Our goal is to not only give you actionable information, but to help you understand why we think this is happening based on pure price analysis with Fibonacci retracements, that we believe are the underlying structure of all markets and Gann squares. If you like this type of analysis and trade the Grain/Livestock futures you can become a Premium Member. You can also follow us on YouTube for more examples of how to use the Fibonacci retracements with the ONE44 rules and guidelines. Sign up for our Free newsletter here. FULL RISK DISCLOSURE: Futures trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Commission Rule 4.41(b)(1)(I) hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under- or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. Past performance is not necessarily indicative of future results. This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
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