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Tech Guy Opening Calls & Comments 12/21/23

March Wheat - Steady to 1 Higher


March Corn - Steady to 1 Lower


March Soymeal - 0.30 Higher


Jan Beans - 1 Lower


February Crude Oil sold off today to mark it's low 14 cents above the 72.30 support level.

support - 72.20

70.80

resistance - 74.70

75.60

76.90


January Soybeans marked it's low 4 cents below the 1299 support level.

support - 1288.00

1270.00

resistance - 1303.50

1310.00

1318.00-1322.00


March Soybean Meal marked it's low 0.60 points below the 385.30 support level.

support - 383.80

377.30

resistance - 391.5

394.00

399.00


March Corn marked it's low 1 tick above the 469.00 support level.

support - 471.50

469.00

resistance - 475.50

478.00

482.50-484.00


March SR Wheat traded in a tight range between first support and resistance today.

support - 608.50

602.50

resistance - 624.00-625.50

631.00-632.00


March KC Wheat marked it's low 3 ticks below the 620.00 support level after selling off about 12 cents.

support - 623.50

619.00

resistance - 633.00

643.00-645.00

March Spring Wheat marked it's low 1 tick below the 713.50 support after selling off about a dime.

support - 712.50

707.00

resistance - 723.00

731.50


March S&P gapped up about 4 points above the 4747.75 support on the open last night, and then rallied about 40 points to 4-5 points above the 4798 resistance level.

support - 4753

4736

resistance - 4831

4878

4918

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