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Tech Guy Opening Calls & Comments 11/1/23

Dec Wheat - Steady to 1 Higher


Dec Corn - Steady


Jan Beans - 1 to 2 Lower


December Crude Oil marked it's high 28 cents below resistance and marked the low 20 cents below the 2nd support level.

support - 80.55

79.30

resistance - 83.75

85.50


January Soybeans marked it's low 1 tick above support, and rallied about 14 cents higher.

support - 1312.00

1304.00

1298.00

resistance - 1323.00

1325.00


December Corn marked it's low a half of a cent above support.

support - 474.00

471.00

resistance - 480.00

483.50


December SRW Wheat traded above support and marked it's high 1 tick below the 1st resistance level.

support - 558.50

554.00

resistance - 565.50

578.00


December KC Wheat marked it's low 1.25 cents below support and the high was 4 cents shy of resistance.

support - 638.00-636.00

631.00

resistance - 645.00

654.00

662.00


December Spring Wheat marked it's low 0.50 cents below support and marked the high 2.25 cents below resistance.

support - 707.50

699.00

resistance - 717.00

726.50


December S&P marked it's low 2.5 points below support and made the high 2.25 points below the middle resistance.

support - 4247

4200

resistance - 4273

4318

4350

1 Comment


Could we return to the old tech guy format with a bit more insight sometime soon? I understand the need for the condensed version during harvest, but I also feel like it's a key time where we can use all the info we can get

Thanks

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