December Corn has had a nice recovery off the lows from May near 490'6, and now are looking to test what was old support and is now new resistance. A rejection here can send the markets lower and potentially look to test the 511 area, but a close out above the 546 level could be the strong catalyst needed to send these prices higher towards 562'6.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.