December Corn Futures a Buying Opportunity on More Price Strength
See on the daily bar chart for December corn futures that prices are still in a three-week-old uptrend and last week hit a seven-week high. A move above resistance at $3.60 would give the bulls some fresh upside momentum and it would also become a buying opportunity. The upside price objective would be $4.00, or above. Technical support, for which to place a protective sell stop just below, is located at $3.42. Remember that the mini grain futures contracts are a liquid and viable way to trade the grain markets.
