March Crude Oil marked it's high a nickel above the 75.10 resistance early in the session, then sold off to the 73.50 area for a gain of about 1.50.
support - 74.20
73.80
resistance - 75.50
76.25
76.75
March Soybeans opened strong last night and continued to bid higher for the entire session, closing above the resistance target. The move was a gain of 15 cents.
support - 1234.75
1227.00
resistance - 1251.00
1280.00-1290.00
March Soymeal traded down to within 4 ticks of 351.00 support, then rallied 10 dollars - $1000/contract.
support - 357.70
355.80
resistance - 366.00
374.00
March Corn traded up to between the 449.50 and 451.75 resistance level, then sold off 6 cents to find support at the 444 level once again.
support - 444.00
442.25
resistance - 451.50
460-461.75
March SRW Wheat's strength had it trading above support and past the 1st resistance level.
support - 595.00
591.00
resistance - 607.00
612.00
621.50-623.00
March KC Wheat marked it's low within 1.25 cents of the 603.25 support level, then it rallied up to 19 cents, past the 622.50 resistance.
support - 612.00
606.00
resistance - 621.75
624.75
630.00-635.00
March Spring Wheat marked it's high just past the 706.00 resistance, then sold off to within 1.50 cents of support at 695.50.
support - 697.75
693.50
resistance - 714.00
721.50
March S&P marked it's low within 1 tick of the 4874 support, then rallied to the 4898 resistance for a gain of 24 points.
support - 4873
4810
resistance - 4900
4967
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