July Corn Chart

July corn futures posted a new high for move up to $6.98 earlier this morning. We did close at $6.79 so almost 20 cents off the daily high. But it was still an up day and the chart is still pointed upward in the corn chart. We left a very small gap, about a $0.75 of a gap. We wouldn’t be surprised to see that gap try to be filled over the next couple of days. Current overhead resistance would be at today’s high at $6.98. chart support is at last weeks at $6.29.