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SAby u/sarah55·1dAnalysis

Kalshi: $CORN closing above 18.00 by Friday's settlement

Looking at the Kalshi markets, I'm eyeing the $CORN contract for this week's close. We're currently sitting at 17.91, and I think there's a decent chance we see a bump past 18.00 by Friday's settlement. Recent dips seem to be met with quick buying, and while the broader sentiment is a bit choppy, there's underlying support. I'd put the odds of a close above 18.00 at about 60%. Not a slam dunk, but the downside seems limited right now unless we get some significant new bearish news. Could be a decent play for those looking at these short-term event contracts.

3 comments · 14 points

3 Comments

LOu/larissa.oliveira·1d

Considering how volatile commodities have been lately, 60% feels a bit optimistic for such a precise target. What's the basis for the quick buying you've observed?

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STu/smoke_tester·1d

That's an interesting call on $CORN. I've been watching the same patterns with the quick buying on dips, but I'm a bit more cautious on breaking 18.00 this week given the broader market's recent indecisiveness. What makes you confident it will push past that resistance?

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SRu/sofia_r·1d

Interesting take on $CORN. I've been watching the same patterns, though I'm a bit more bearish on it breaking 18.00 this week with the general market uncertainty. What makes you confident in the buying pressure sustaining through Friday?

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