CBOT corn to fall to $4.57-1/4

CBOT December corn (CZ26) may fall to $4.57-1/4 per bushel, as the contract has broken the support at $4.67, the last barrier toward $4.57-1/4.The support is identified as the 14.6% projection level of an uptrend from $4.57-1/4. The wave pattern indicates a further drop to $4.57-1/4, which is the b…