CORN UPDATE

CORN
This was the update for 9/27/20
Corn is now well above the 200 day moving average and sitting right on our long term swing point of 360.00, this is a major Gann square and 38.2% back to the 2019 high. As long as it can stay above this level the next target is 61.8% back to the same high at 405.00, this is also a major Gann square. With a couple close's back below 360.00 look for the 320.00 major Gann square.  

NEW

Corn held the 360.00 long term swing point that was 38.2% up to the 2019 high and a major Gann square. As long as they remain above 360.00, our target is 405.00, this is 61.8% back to the 2019 high and another major Gann square. With a couple close's below 360.00 the target becomes the major Gann square of 320.00.