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Tech Guy Opening Calls & Comments 12/4/23

March Wheat - 1 to 2 Lower


March Corn - Steady to 1 Lower


Jan Beans - 1 Higher


January Crude Oil Marked it's high 34 cents above resistance, and then sold off at least 1.50.

support - 73.00

72.35

resistance - 74.00

74.90

75.50


January Soybeans sold off to within 5.50 cents above the 1298.00 support.

support - 1298.00

1271.00

resistance - 1330.50

1337.00

1353.00


March Corn marked it's low 1 cent below the 483.50 support level.

support - 482.00

478.50

475.00

resistance - 488.50-490.00

497.00-498.00


March SR Wheat marked it's low 1.50 cents above support and rallied 3.50 cents above the 623.00 resistance (about 20 cents).

support - 616.00

610.00

599.50

589.00

resistance - 630.50

662.00

686.00


March KC Wheat marked the low 1 cent below the 643.00 support, then rallied to within 2.5 cents of the 663 target.

support - 650.00

642.50

630.00

resistance - 666.00

693.00

721.00


March Spring Wheat marked it's low at the stated support of 722.50, then rallied to the 740.00 target.

support - 730.00

722.25

resistance - 741.00

751.00


December S&P marked it's low about 8 points below the 4561 support

support - 4647

4640

4541

4522

resistance - 4618-4624

4635




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