On the 4h chart of corn, we are observing a higher degree three wave rise in motion, with recent intraday activity that seems to be a part of the final red leg C). If that is the case, and wave B) or 2) correction really is completed, then we could be in for more gains.
The confirmation point of view for higher levels ahead will be a decisive break above the 354.9 level, where bulls may strongly push price higher.
Corn, 4H
