In today’s [Is it a Good Time to Buy CORN Now? | Quick Take] video ๐ฅ, we are going to talk about the recent decline in corn and explore potential opportunities in both Futures Trading and ETF trading for this grain. We’ll dive into more detail on the CORN ETF and take a look at its risk-reward profile. But first, let’s discuss the major decline in corn that has been making headlines.
We previously discussed the corn Futures dropping significantly and now we want to revisit this opportunity to see if there is still potential for trading. You can track the Futures using the symbol “/ZC” in ThinkorSwim. We have set up a price alert at the current 52-week low of $394.50 for corn Futures. If this triggers, we will be notified in our Discord channel where we can then analyze the CORN ETF and determine if there is an attractive risk-reward opportunity to play corn.
In our notes, we have included a link to the monthly chart of corn Futures. It is important to note that while it is currently not at the 52-week low of $394, there is a downtrend and a much longer-term low around $300. This means that corn could potentially continue to decline to this level.
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๐ CHAPTERS ๐
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00:00 – CORN
04:13 – BeachBum Trading Sites
05:01 – Discord Invite
๐ TRADING PLATFORMS ๐
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๐ RELATED VIDEOS ๐
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๐ฅ Make Money ๐ฐ Trading in July 2024 ๐ | [Weekly Trading Game Plan] 7/1 โ 7/5/24 | Part 1 ๐ https://youtube.com/live/ilKMKVwIPQM
๐ฅ How To Use the FinViz Futures Tab | How To Use FinViz | FinViz Futures Tab | FinViz Tutorial | ๐ https://youtu.be/N0ztcVL3gUw
๐ฅ Futures on ThinkorSwim | How To Find and Use Futures Symbols ๐ https://youtu.be/o2XM4WqFTtY
๐ฅ CTA | Simplify Managed Futures Strategy ETF | Quick Take ๐ https://youtu.be/5YnMwozHz5s
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#corn #Grains #futures
๐ REFERENCES ๐
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๐ Weekly Trading Game Plan Notes for 7/1 โ 7/5/24 – Part 1 ๐ https://docs.google.com/document/d/1nwXlKO1BqzcL6ZK2TaGIhlHXYkS9lqQfIGiU2deUx00/edit?usp=sharing
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