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Writer's pictureTech Guy

Tech Guy Comments for 8/15/24

September Crude Oil marked it's low 7 cents below the 77.00 support level, then rallied 1.50.

support - 77.40

76.40

resistance - 78.80

80.25


November Soybeans marked it's high 4.00 cents above the 974.00 resistance level, after rallying a dime from last night's low/opening.

support - 964.00

955.00

resistance - 976.00

989.00


December Soymeal rallied 2.80 on the day, finishing 1.90 above the 310.00 resistance price.

support - 305.00

301.00

resistance - 311.00

316.00


September Corn marked it's low 1.50 cents below the 376.00 support level after selling off about 9 cents from the high.

support - 374.50

369.50

resistance - 382.00

387.00

December Corn:

support - 395.00

387.50

resistance - 404.00

410.00


September SRW Wheat marked it's low on the 527.00 support price, after selling off 20 cents from the high.

support - 521.00

514.00

resistance - 533.00

544.00


September HRW Wheat marked it's high 1.25 cents below the 559.00 resistance level, then sold off about 22 cents.

support - 533.00

522.00

resistance - 550.00

561.00


September Spring Wheat marked it's high 1.25 cents above the 600.00 resistance price, then sold off about 17 cents.

support - 580.00

574.00

resistance - 601.50

613.00


Sep S&P gained another 90 bucks on the day, finishing up 60 bucks above the 5500 resistance level.

support - 5487

5436

resistance - 5600

5660



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