Below is a 4h chart portraying the trade action for the DEC16CORN contract (ZCZ2016) traded in Chicago.  The contract price slipped to new 22month lows late Tuesday afternoon.  Since then corn prices have bounced back restoring Tuesday’s losses and currently trades above support of $3.33.  Corn still looks fairly weak but could we see a turning point soon?  Nearby support is seen at $3.20 with nearby resistance at $3.45