Tech Guy Opening Calls & Comments 11/18/25

Dec Wheat - Steady to 0.50 Lower

Dec Corn - Steady to 1.50 Lower

Dec Bean Oil - Steady to 0.10 Higher

Jan Beans - 2.50 Lower

January Crude Oil marked its high 20 cents above the 60.65 resistance level, after a rally of about 1.65 bucks from the overnight low to the high price print.

support - 59.75, 59.25

resistance - 61.10, 61.50

January Soybeans marked its high price 5.50 cents below the 1175.00 resistance number, then sold off about 22.00 cents from the high to the session low.

support - 1132.00, 1110.00

resistance - 1170.00-1175.00, 1204.50

December Corn marked its low price 1.25 cents above the 432.00 support number, then rallied about 5.25 cents from the session low to the high print.

support - 433.00, 430.00

resistance - 439.00, 443.00

December SRW Wheat ended the session up 2.25 cents on the day, after trading in a 10 cent range between support and resistance.

support - 540.00, 531.50

resistance - 551.50-555.00, 558.00, 569.00

December HRW Wheat marked the high price 3 ticks beneath the 534.00 resistance level, after moving up about a dime from the session low.

support - 523.00, 513.00

resistance - 534.50, 540.00, 549.50

December Spring Wheat marked its high price 1.00 cent above the 583.50 resistance number, after a rally of 12.75 cents from the session lows to the afternoon highs. Spring wheat appears to have broken out higher from the up channel it has been trading in - acceleration higher.

support - 576.50, 572.00

resistance - 595.00 598.00, 604.50

Amazon River:

The Amazon River is the world's second-longest river and has more water volume, by far, than any other river in the world. Although it is 4,300 miles long (6,920 kilometers), there is not a single bridge across the mighty Amazon. Why?

During the rainy season, the Amazon width will expand from a relatively narrow quarter of a mile or less to 2 to 5 miles wide. The jungle soil is much deeper than anyone knows and is not fit to support bridge construction. Fortunately, not very many people live in the Amazon jungle and there is no financial benefit to building the most expensive bridge the world has ever seen.

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