December Corn has erupted with the most powerful bullish impulse leg we’ve seen in quite a while. This could mean the monster bull move begun from about $5 a bushel at the beginning of the summer has gotten second wind. For now, we’ll use the 787^00 midpoint resistance of the pattern shown as a minimum upside objective. If it shows little stopping power, that would suggest more upside is possible to the 868^06 ‘D’ target.
