Corn May held just above the target of 475/473 and is reaching as far as 491 this morning. We are overbought short term so could use this as a selling opportunity today. However shorts need tight stops above 493 as a break higher targets resistance at 496/497.
Immediate support is at 488/487 but below here adds pressure to target 485/484, possibly as far as 481/480 for a buying opportunity today.