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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, 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 ...