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NewsCommodities

TECHNICALS-CBOT corn may test support at $4.63-3/4

ReutersMar 20, 2026 3:30 AM

SINGAPORE, March 20 (Reuters) - CBOT corn CK26 may test support at $4.63-3/4 per bushel, a break below may trigger a drop into the $4.58-1/4 to $4.61 range.

The contract has been edging up. However, the bearish divergence on the hourly RSI confirms an exhaustion of the rise. A correction is due.

A break above $4.69-1/2 may lead to a gain into the $4.72-3/4 to $4.76-1/4 range.

Wang Tao is a Reuters market analyst for commodities and energy technicals. The views expressed are his own.

No information in this analysis should be considered business, financial, or legal advice. Each reader should consult their own professional or other advisers for business, financial, or legal advice regarding the products mentioned in the analyses.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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