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NewsSignals AI analysis·Reuters·

CBOT corn may fall to $4.42-1/2

Grade Bbearish AI signal$CORN
CBOT December corn faces further downside after breaking key support at $4.55 per bushel, with technical analysis pointing to a potential decline toward $4.42-1/2. A bearish wedge breakdown signals a target near $4.43, while $4.25-3/4 represents the next major downside barrier beyond that level. Continued weakness below resistance at $4.49-1/4 could pressure corn futures toward the projected support levels.

Bullish strength: 20/100

  • Corn may stabilize around $4.55 if the previous uptrend resumes.
  • A break above $4.49-1/4 could open a move toward $4.52-$4.53-3/4.

Bearish strength: 80/100

  • The contract has broken key support at $4.55.
  • The bearish wedge breakdown points to a target around $4.43.
  • Retracement analysis identifies $4.42-1/2 as the next support.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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