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Writer's pictureTech Guy

Tech Guy Opening Calls & Comments 2/20/24

March Wheat - 1 to 2 Lower


March Corn - 0.25 Higher


March Soymeal - 0.30 Higher


March Beans - Steady


April Crude Oil Marked the low 60 cents below support.

support - 76.70

75.50

resistance - 78.50

79.60


March Soybeans found support at the 1176 number which shifted from resistance to support.

support - 1174.00

1167.50

resistance - 1190.00

1197.50


March Soymeal rallied today and marked the high price a couple of bucks below the 354.00 resistance level.

support - 347.40

346.00

resistance - 354.00-356.00

363.00


March Corn marked it's low 2.50 cents above the 412.25 support level.

support - 417.75

414.50

resistance - 421.75

425.00


March SRW Wheat marked it's low 1.50 cents above the 553.50 support level, then rallied 30 cents.

support - 572.25

571.75

565.00

resistance - 589.00

603.50


March HRW Wheat marked it's low at the 565.00 support level, then rallied 20 cents.

support - 584.50

578.00

resistance - 590.00

605.00

611.00


March Spring Wheat marked it's low at the 649.50 support level, then rallied 18 cents.

support - 659.50

654.00

resistance - 671.00

685.50


March S&P marked it's low 3.25 points above support after selling off 60 points.

support - 4985

4955

resistance - 5013

5027

5053

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