No I don't buy Corn futures. Been there done that and there are better safer more reliable markets to trade. But yes you would not want to see price break below the lower channel line of 716. And the March contract isn't going to be around much longer either. A bearish concern is see this Corn ETF:CORN which is a combination 3 Corn futures contracts. In other words its another way to trade a Spread Trade using 3 futures contracts blended into one. The front month March contract that most are trading now may have issues that are bullish for that contract only. But the combined futures contracts have not broken out over its downtrendline yet and remains in a downtrend and bearish. And the oscillators in all time frames are also bearish. What does suggest some fireworks is seeing all 3 moving averages converge. That tends to see a sharp price change when seen one way or the other. So overall the combined futures contracts are not technically bullish yet. Only the March contract has broken out and is testing its breakout point. That's what I see here fwiw.....................