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Writer's pictureTech Guy

Tech Guy Opening Calls & Comments 11/14/24

Dec Wheat - 1.75 Higher


Dec Corn - Steady to Mixed, 3 cent range


Dec Soymeal - 0.20 Lower


Jan Beans - 1.25 Lower


December Crude Oil marked it's high 27 cents above the 69.12 resistance level, then sold off about 1.25 bucks high to low.

support - 67.85, 66.50

resistance - 69.50, 70.60


January Soybeans sold off 19.25 cents for the day, slicing through support and testing a lower uptrend line.

support - 986.00, 981.50

resistance - 1014.00, 1022.00


December Soymeal marked it's low 6 ticks below the 286.50 support price, after selling off about 5.50 bucks from low to high.

support - 287.00, 280.00

resistance - 290.00, 293.50


December Corn sold off 7.75 cents on the day, violating support levels.

support - 414.25

resistance - 428.00-430.00


December SRW Wheat marked it's low 4.50 cents below the 432.50 support point, after selling off about 16 cents high to low.

support - 529.00, 521.00

resistance - 540.00, 544.50


December HRW Wheat marked it's low 2.50 cents below the 534.00 support price, after selling off about 13 cents from high to low.

support - 531.50, 527.00

resistance - 540.00, 547.00


December Spring Wheat sold off 5.75 cents on the day, coming within 2.00 cents of the support at the old bottom of 563.00.

support - 562.50, 544.00

resistance - 575.00-578.50, 594.50


December S&P marked it's low 11 points below the 5975 support price, after selling off about 61 points high to low.

support - 5968, 5950

resistance - 6031-6135

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