CBOT December corn may retest $5.19 support, with outlook tilted lower
Reuters technical analyst Wang Tao says CBOT December corn may retest $5.19/bu, with support at $5.14-3/4 and resistance at $5.26.
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CBOT corn may retest resistance at $5.28-1/4
CBOT December corn (CZ26) may retest a resistance at $5.28-1/4 per bushel, a break above which could open the way toward $5.31-1/4 to $5.34-1/4 range.The strong bounce around a support at $5.14-1/4 suggests the completion of either a wave c from $5.44-1/2 or the whole correction from $5.49-3/4.The…