December Corn Testing Overhead Resistance

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.
Chart PatternsTechnical IndicatorsTrend Analysis

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