September Corn Chart

Corn prices did not make a new high, in fact they turned around and closed significantly lower on the day.

This does start to hint that maybe we have a little bit of short-term topping action in the corn market.

Current chart support, if we did see a pullback, could come in at 7.33-7.37.

If this market does in fact see a correction for a few days chart support would come in at 7.25-7.35.