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Writer's pictureTech Guy

Tech Guy Opening Calls & Comments 11/21/24

Dec Wheat - 1.50 Lower


Dec Corn - 0.25 Higher


Dec Soymeal - 1.20 Higher


Jan Beans - Steady


January Crude Oil marked it's high 22 cents below the 70.60 resistance level, after rallying about a buck and a half from the lows.

support - 69.40, 68.80

resistance - 70.60, 71.65


January Soybeans sold off 9.75 cents for the day, testing old lows to the left from October 30th at 977.25.

support - 977.00, 973.00

resistance - 999.00, 1010.00


December Soymeal marked it's low 3 ticks above the 287.00 support price, after selling off about 3.50 bucks from the high.

support - 287.20, 285.00

resistance - 291.00, 293.00


December Corn marked it's low 1.25 cents below the 427.50 support level, after dropping almost 6 cents from the morning high.

support - 426.00-424.50, 422.50

resistance - 432.00, 435.00


December SRW Wheat fell 4.50 cents on the day, marking it's low 1.75 cents from the 546.00 support price.

support - 545.50-543.50

resistance - 558.50-559.00, 569.00


December HRW Wheat marked it's low 1.00 cent above the 553.25 support level, after selling off about 12 cents from the high, which was 3 ticks shy of the 567.00 resistance point.

support - 553.25-552.00, 547.00

resistance - 566.50, 574.00


December Spring Wheat marked it's low 1.25 cents above the 586.00 support price, after selling off from just above the 595.50 resistance for almost a dime from high to low.

support - 581.50, 573.50

resistance - 597.00, 605.50


December S&P marked it's low about 3 bucks below the 5910 support level, then rallied almost 80 bucks.

support - 5924, 5908

resistance - 6001, 6030

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