mtb1980

Corn - December22 Daily

CBOT:ZCZ2022   Corn Futures (Dec 2022)
The fundamentals for new crop corn remain supportive to continuing this bullish market. Technically, to continue bullish enthusiasm, Dec22 Corn needs to hold weekly closes above the 6.31 low posted last week. This market’s upside still remains unmeasurable, but we can try…. Primary target above at 7.11. Should something spark a runaway move higher look at 7.60 then the 8.10 to 8.29 area. Otherwise, look for the 7.11 to 7.30 area to be the next upside targets before a corrective leg lower.

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