The chart isn’t your only evaluation resource. To stay informed and ahead of trends, you need to balance technical and fundamental analysis.
To help with the latter, a newsfeed can keep you up to date on the latest headlines and events impacting the corn market.
Today, you see an article detailing how extreme rainfall has reduced the corn harvest. You make the assumption that supply will be down, making it harder to satisfy demand and increasing the price of corn futures.
Conversely, if reports indicate a mild summer and a bumper corn harvest, you might make the assumption that supply will outstrip demand, resulting in a price drop.