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Tech Guy Opening Calls & Comments 3/18/24

May Wheat - 0.50 to 0.75 Lower


May Corn - Steady to mixed, bids/offers between 437.75 - 435.00


May Soymeal - 0.10 Lower


May Beans - Steady


May Crude Oil marked it's low 6 cents above support, then rallied 2 bucks, past the 2nd resistance price.

support - 81.50

80.60

resistance - 83.60

85.00


May Soybeans marked it's low in between the 2 support levels which were about a dime apart.

support - 1183.00

1175.50

resistance - 1206.00

1218.00


May Soymeal marked it's low 3 ticks above the 331.00 support level after selling off 7 bucks from the high.

support - 331.00

325.50

resistance - 338.00-339.50

344.50


May Corn marked it's low 1 tick below the 434.25 support price.

support - 434.75

431.50

resistance - 441.00-442.00

451.50


May SRW Wheat marked it's low 3 ticks above the 526.25 support level, then rallied 15 cents.

support - 538.50

535.25

resistance - 549.50

556.00


May HRW Wheat marked it's low 2 ticks below the 564.00 support, then rallied about 15 cents.

support - 573.00

569.00

resistance - 583.00

591.50


May Spring Wheat marked it's low 2 ticks above the 644.50 support price, then rallied a dime.

support - 650.00

645.00

resistance - 660.50

669.00


June S&P marked it's low 5 points above the 5177 support, then rallied almost 60 points.

support - 5200

5165

resistance - 5240-5253

target ---- 5337



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