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Commodities

Corn – Monthly Update

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Corn Long Term Open Articles Public
623

Corn continues to follow the outlined path with discipline. In this update, we break down the latest signals, candlestick patterns, and wave structure to clarify what the current setup implies and what likely lies ahead for the grain market in the coming sessions.

CANDLES

Corn experienced a minor drawdown at the beginning of December. However, throughout the pullback, it managed to keep the mid- and long-term 10–15D frames firmly bullish. Most likely, the market is tracking toward a bullish December close, with elevated odds for the rally to continue.

ELLIOTT WAVES
Mid Term

Short Term

All charts remain the same.

Summary

Corn remains bullish until directed otherwise, with a fair chance for the rally to continue over the next 3–6 months or longer.

Happy Trading!

Corn Long Term Open Articles Public
623
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