Corn, Trend Change Denied at 38.2% Fib. & Major Gann Square (425.25)

The chart is key to this analysis.

(ZCZ25) 

There are two methods we use at ONE44 to find support and resistance in the markets.

The first are major Gann squares, these are the yellow horizontal lines on the chart.

The second is Fibonacci retracements.

This is our latest Video on how to use the Fibonacci retracements with the ONE44 rules and guidelines. NEW VIDEO

In the update below we have the swing point and what to look for above and below based on the two methods of analysis.

CORN

9/4/25

December

From last week,

It did trade above 412.00 (23.6%), but failed to close above it keeping the short term trend very negative, this will again be the key level for the week. We will still be watching to see if the break from this area sends it to a new low, or it fails to make a new low in the area of 78.6% below and that becomes the base for the next Bull rally, per the ONE44 78.6% rule.

Use 412.00 as the swing point for the week again.

 Above it, the short term target is 38.2% back to the 2/19/25 high at 425.25 this is also a major Gann square and the level that has to be taken out to turn the short term trend positive.  The  longer...

The rally this week fell 1 cent short of the key level at 425.25 with this being a major Gann square and a 38.2% retracement, it could send this market to a new low. As always we will watch all the retracements on the move down to see just how weak, or strong the market is regardless of the longer term target. The setback so far is just short of 38.2% back to the 8/12/25 low at 412.00 and this will be the key level for the week. Holding a 38.2% level from a smaller range (412.00) after setting back from one of a much larger range (425.25) would be a strong sign for this market.

Use 412.00 as the swing point for the week.

Above it, the short term target is 38.2% back to the 2/19/25 high at 425.25 this is also a major Gann square and the level that has to be taken out to turn the short term trend positive, (this remains a key level to get through).  The  longer term target area is the 444.00 major Gann square and 61.8% back to the same high at 446.00. The long term target is……

Below it, the short term target is 78.6% back to the 8/12/25 low at 399.00, holding this area can be the start of the next Bull run. On a failure to turn higher from this area there are only major Gann squares to look for support and then use as the swing point when closed below, the next two are…..

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Our goal is to not only give you actionable information, but to help you understand why we think this is happening based on pure price analysis with Fibonacci retracements, that we believe are the underlying structure of all markets and Gann squares.

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