A look at $CORN's recent action and 17.49 support

Been watching $CORN the last few sessions, and that 17.49 level on the low end of today's range is interesting. It's held as support a couple of times this week, even with the slight downtick today.

From a technical perspective, if we see a sustained break below 17.49, particularly on a higher volume close, that would invalidate the current mini-support structure I'm seeing. It's a key level to watch for me; a failure there could open up a retest of lower demand zones. Conversely, a bounce off it tomorrow could signal continued consolidation or a retest of the 17.67 high.