Since Feb. 16, the contract has been consolidating in a small triangle. With the price approaching the upper trendline of the pattern, the bias is with the bulls.
The confirmation of a short-term uptrend will need corn to stand above a resistance at $6.43-1/2, which would open the way for a further gain to $6.51.
But a drop below a minor support at $6.33 may not necessarily confirm a downtrend, as it may stop at $6.29 -- the support provided by the lower trendline of the triangle.
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