- Head and Shoulders - General downtrend since begining of May 2021 - Lagging Span of Ichimoku indicator broke down the lower band of Bollinger Bands - Price broke down the 200 exponential moving average
The price of US Corn broke down the neckline of the Head & Shoulder. It could now reach the 23.6% retracement Fibonacci level at 5.80/bushel and next the daily support at 5.30/bushel.
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