Tech Guy Opening Calls & Comments 11/13/23

Dec Wheat - Steady

Dec Corn - Steady to 1 Higher

Jan Beans - 1 Lower

December Crude Oil marked it's low about 80 cents below support and closed about a dollar below resistance. Confirmed trending higher.

support - 78.30-78.00

76.30

resistance - 79.80

81.50

83.90

January Soybeans gapped higher last night and didn't test support. Beans rallied to test last weeks resistance at 1384.00 and closed near that level, pushing through both resistance marks at 1359.50 and 1373. A breakaway gap with a big up day signals urgently bullish.

support - 1380.00

1372.00-1370.00

1360.50

resistance - 1401.00

1410.00

1421.00

1436.00-1441.00

December Corn marked it's low 2 ticks below middle support of 461.50 and closed 1.25 cents above the 475.50 target.

support - 472.00

467.50

resistance - 489.50-481.50

484.50-486.25

489.00

December SRW Wheat marked it's low 2.25 cents below the 469.50 support, and made the high 1.50 cents below the first resistance at 583.50.

support - 577.00

574.00

resistance - 589.00-590.00

595.00-598.00

622.00

December KC Wheat marked it's low 3.50 cents below support, and did not make it to resistance.

support - 639.50

635.00

resistance - 648.00

651.00

656.00

662.00

671.00

December Spring Wheat marked it's low 1.5 cents above the 721.00 support, and made the high 2.50 cents below the 735.50 resistance.

support - 727.50

725.50

721.00

resistance -735.50

741.00

746.50

December S&P marked the low 2.25 points above middle support and did not make it to resistance.

support - 4421

4405-4398

4350

4250

resistance - 4488

4510

4546

4597