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Tech Guy Opening Calls & Comments 12/5/23

March Wheat - 1 Lower


Marc Corn - 1 Lower


Jan Beans - 2 to 3 Higher


January Crude Oil marked it's low 18 cents below support of 72.35, then rallied 12 cents above resistance of 74.00.

support - 72.05

71.30

70.10

resistance - 74.20

74.75

76.90


January Soybeans marked it's low 4 cents below the 1298 support.

support - 1299.00

1283.00

resistance - 1318.00

1330.00

1337.00-1338.00


March SR Wheat marked its low 1 tick above the 616.00 support, and then rallied about 20 cents.

support - 620.00

616.00

resistance - 637.00

644.50

664.00

685.00


March KC Wheat marked it's low 4.75 cents above the 650.00 support and rallied about 15 cents.

support - 653.50

649.00

642.50

resistance - 671.00

688.00

694.00

722.00


March Spring Wheat marked it's low 1 tick above the 730.00 support level and rallied about 14 cents.

support - 734.00

729.50

719.00

resistance - 745.00

754.00

768.00


December S&P traded in between support and resistance all day.

support - 4561

4540

resistance - 4589

4621

4635



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