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What Did Wednesday's Late Rally in Some Metals and Grains Tell Us?
Yahoo Finance·2025-11-13 04:34

King Corn was one of the market’s that stormed to new session highs shortly before the close. There is a lot going on with December corn (ZCZ25) these days. Recall from Tuesday’s Commentary when I mentioned how technical analysis was largely a myth. The Dec25 corn contract is a good example. Sunday night through Monday morning saw Dec25 open lower before taking out Friday’s low of 4.2675,aswellasthepreviouslowof4.2675, as well as the previous low of 4.2650 from October 31, on its way to a low of $4.2625. However, this did not trigger t ...