NEWS
Technically Speaking Blog
Darin Newsom DTN Senior Analyst
Thu Jan 1, 2015 08:53 AM CST

Corn (Futures): The March contract closed at $3.97, 8 1/4 cents higher on the monthly chart. The major (long-term) trend remains up with initial resistance pegged at $4.43 1/2. This price marks the 23.6% retracement level of the previous downtrend from $8.49 (high from August 2012) through the October 2014 low of $3.18 1/4. Monthly stochastics remain bullish.

Corn (Cash): The DTN National Corn Index (NCI.X, national average cash price) closed at $3.64, up 15 cents for the month. The major (long-term) trend remains up with initial resistance pegged at 44.10, a price that marks the 23.6% retracement level ...

Quick View
Related News Stories
DTN's Quick Takes
DTN Technically Speaking Blog
DTN Closing Grain Comments
DTN Midday Livestock Comments
DTN Midday Grain Comments
Newsom on the Market
DTN Early Word Opening Livestock
DTN Before The Bell Grain Comments
DTN Early Word Grains
CFTC Nears New Spec Trade Rules