March 22 Corn

March 22 Corn - Daily: March Corn broke above the downtrend line and filled a Major Primary target at 6.15 with its 6.17 high. Last week’s 5.93 close matches the pivot high we are currently using for retracement targets, and it is resting against a current uptrend line that began in mid October. Also, the Heaviest amount of volume by price is between 5.75 and 5.85. This should act as solid support if the current uptrend line is broken. A move above 6.17 will look for targets up to the next major target at 6.51.
Support/risk below at 5.57.