{"id":44,"date":"2025-07-14T17:00:23","date_gmt":"2025-07-14T17:00:23","guid":{"rendered":"https:\/\/50yeartrader.com\/blog\/?p=44"},"modified":"2026-09-30T21:26:24","modified_gmt":"2026-09-30T21:26:24","slug":"corn-futures-goldilocks-forming","status":"publish","type":"post","link":"https:\/\/50yeartrader.com\/blog\/corn-futures-goldilocks-forming\/","title":{"rendered":"Corn Futures Chart Analysis: Jumbo Swing and Goldilocks"},"content":{"rendered":"\n

Long-term charts of corn futures are interesting right now. Here is what Goodman traders can see on the 1-month and 1-week charts, and what to watch for next.<\/p>\n\n\n\n

The 1-Month Chart<\/h2>\n\n\n\n

Here is the 1-month corn futures chart:<\/p>\n\n\n\n

\"Corn
Corn futures, 1-month chart. Chart courtesy of Investing.com.<\/figcaption><\/figure>\n\n\n\n

You can see a sweet Jumbo Swing followed by a failed Molokai Setup. (Since it propagated, S\/Ls would have been brought to break-even.)<\/p>\n\n\n\n

Now we have a Goldilocks forming. Watch the 3-C counts for cancels on the Back Matrix.<\/p>\n\n\n\n

The 1-Week Chart<\/h2>\n\n\n\n

At the 1-week chart, prices are very close to an Under count and a small Return stick.<\/p>\n\n\n\n

\"Corn
Corn futures, 1-week chart. Chart courtesy of Investing.com.<\/figcaption><\/figure>\n\n\n\n

What to Watch Next<\/h2>\n\n\n\n

Perhaps start watching at 1-hour for a nested Setup? Of course, the Goldilocks now building could also become a large Molokai.<\/p>\n\n\n\n

Definitely interesting charts. Tarry awhile.<\/p>\n\n\n\n

This post is educational commentary on chart structure using Goodman Wave Theory. It is not investment advice. Trading futures and FX involves substantial risk of loss.<\/em><\/p>\n\n\n\n

Good Trading!<\/p>\n\n\n\n

Michael Duane Archer<\/p>\n\n\n\n

Related Reading<\/h2>\n\n\n\n