May Crude Oil marked it's low 10 cents/ticks below the 80.40 support level, after selling off 1.50.
support - 80.75
80.00
resistance - 82.20
83.30
May Soybeans marked the low 2 cents below the 1206 support level, after selling off about 20 cents from the high.
support - 1199.00
1190.00
resistance - 1226.00
1233.00
May Soymeal marked it's high 1.40 from resistance, then corrected and traded 40 cents below the 339.20 support level.
support - 342.00
338.00
resistance - 347.60
353.50
May Corn marked it's low within 2 ticks of both support levels, after selling off about 7.50 cents. Corn tested the breakout point on top, and keeps marking higher lows. Stay long.
support - 439.75
438.00
resistance - 445.50 - breakout
460.00
May SRW Wheat marked it's low 1 cent below the 541.25 support level, after selling off 11 cents.
support - 544.00
539.50
resistance - 554.00-556.00
567.00
May HRW Wheat marked it's low directly in between the 2 listed support levels, after selling off 12 cents.
support - 578.75
575.00
resistance - 588.00 - breakout
600.00-605.00
May Spring Wheat tested the breakout price, then closed just below it, gaining more energy.
support - 650.00
645.00
resistance - 667.00
675.00-677.50
June S&P traded in between support and resistance, in a small range day after yesterday's explosive energy release.
support - 5299
5267
resistance - 5334
5372
