TECHNICALS — CBOT corn still targets September 18 low $5.25 — 1/2

For more technical analysis, please click TECH/C SINGAPORE, Sept 24 (Reuters) — CBOT December corn still targets its September 18 low of $5.25-1/2 per bushel, driven by a wave c. A correction from the September 2 high of $5.49-3/4 consists of three waves. The current wave c is expected to extend to $5.18, the 100% level, as it has briefly extended below the 61.8% level of $5.28-1/4. A break above $5.31-3/4 may lead to a gain into the $5.32-3/4 to $5.34-1/4 range. Wang Tao is a Reuters market analyst for commodities and energy technicals. The views expressed are his own. His analyses are exclusively published on the Workspace platform - London Stock Exchange product. * 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. ​ tech (Reporting by Wang Tao; Editing by Priyanka G) ((wang.tao@tr.com; +65 6973 8364/9188 4196 (Whatsapp)