Trading Opportunities at Key Levels

Regardless of the asset class you choose to trade, often you will find that there are key levels where prices tend to return to and bounce off (in the form of support/resistance) or push-through completely.

Graeme Kennerley’s most recent article takes a look at trading opportunities in the Corn cash market as it sits at a key level going as far back as 2010. As we can see in the picture below, the $370 level has been respected in the past and what we can see in the charts now is a likely continuation of a downtrend pushing below this level. If $370 fails as support and is retested, there could be various trading opportunities to the downside in the next few days and into the coming week.

Continue reading Graeme’s article to find out how he plans on trading the Corn cash market.  

Regards,
The TWP Team