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Tech Guy Opening Calls & Comments 1/29/24

March Wheat - 0.25 Higher


March Corn - 0.25 Lower


March Soymeal - 0.10 Higher


March Beans - 2.25 Lower


March Crude Oil marked it's high 31 cents below resistance of 79.60, and then sold off to a low of 76.41.

support - 76.80

76.00

75.60

resistance - 78.40

79.30




March Soybeans 1208.00 support became resistance for the pit session. 1207.50 marked the day session high price and the low was 1191.50.

support - 1190.50

1183.00

resistance - 1208.00-1210.00

1218.00

1231.00


March Soymeal marked it's low 1 point below support at 347.20, then it rallied 11-12 bucks.

support - 350.50

346.00

resistance - 359.00-360.00

366.50


March Corn marked it's low 1.50 cents above lower support of 436.00.

support - 438.50

436.25

resistance - 447.75

453.00


March SRW Wheat marked it's low 4.50 cents below the 592.00 support level.

support - 589.00

586.50

resistance - 597.50

602.50

617.00


March KC Wheat broke support by more than 10 cents and marked a low of 607.50.

support - 610.00

605.00

resistance - 621.00

627.50


March Spring Wheat broke support by 6 cents and marked a low of 691.25.

support - 691.00

685.00

resistance - 705.00

711.50


March S&P marked it's low 1 tick below support on the open last night, and then rallied about 50 points.

support - 3943

3934

resistance - 4875

5000

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