top of page
If You Haven't, Try Our Daily Grain Market Reports FREE for 30 Days!

Tech Guy Comments for 1/18/24

Sorry, no opening calls today.


March Crude Oil marked it's low 20 cents below the 72.30 support level today, then it rallied about 2 bucks.

support - 73.20

72.10

resistance - 75.25

76.20


March Soybeans marked it's low 1 cent below the 1202 support level, then it rallied about 12-13 cents.

support - 1205.00

1199.00

resistance - 1231.00

1238.00

1247.00

1279.00


March Soymeal marked it's low 8 ticks below the first support level.

support - 360.10

357.50

resistance - 367.00

374.50


March Corn marked it's low 2.25 cents below the 439.00 support, then it rallied up to 8 cents.

support - 441.50

439.25

resistance - 448.50-451.50

460.00


March SRW Wheat marked the low in between the 2 support levels which were 8.50 cents apart, then it rallied about a dime.

support - 581.50

579.00-578.00

resistance - 596.00

601.00

612.00


March KC Wheat marked it's low 1.75 cents below the 588.00 support, then it rallied 16-17 cents.

support - 600.00

596.50

resistance - 609.50

622.00

630.00-633.50


March Spring Wheat marked it's low 1 tick from the 679 support, then it rallied up to 12 cents.

support - 683.00

677.00

resistance - 693.00

704.00

713.00


March S&P marked it's high 1 dollar above the 4816 resistance after rallying over 40 bucks. Earlier in the session, it marked the high 2.5 bucks/points from the 4800 resistance, then it sold off about 17 points.

support - 4800

4770

resistance - 4837

4875


bottom of page