hopscotch

Corn H&S Channel

Short
hopscotch Updated   
CBOT:ZCH2018   Corn Futures (Mar 2018)
March Corn head and shoulders setup to bottom of channel and possibly beyond to S3 at 338'6.
Comment:
Corn setting up bearish flag. Still waiting to see if H&S takes affect. Must stay below S1 to achieve this at 347'2
Comment:
Corn looking at top of channel at R1 358. Two shooting star dojis says otherwise.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.