Tech Guy Opening Calls & Comments 3/19/24

May Wheat - 0.75 Higher

May Corn - 0.25 Lower

May Soymeal - 0.20 Higher

May Beans - Dead on - Steady

May Crude Oil marked it's low above support because it is too bullish.

support - 81.70

81.50

resistance - 83.60

85.00

May Soybeans marked it's low 2 pennies below 1183.00 support, then closed at 1185.75.

support - 1180.75

1175.50

resistance - 1201.50-1205.00

1218.00

May Soymeal marked it's low 1.70 bucks below support listed at 331.00, and closed at 334.10

support - 333.40

331.70

resistance - 340.50

344.50

May Corn marked it's low 1 tick above the 434.75 support level, then managed to rally a dime.

support - 437.50

435.00

resistance - 442.50

445.00

May SRW Wheat marked it's low 1.75 cents above 538.50 support, then rallied a dime.

support - 543.25

537.00

resistance - 556.25 - breakout

565.00

May HRW Wheat marked it's low 1.50 cents below the 573.00 support, then rallied 15-16 cents.

support - 578.25

571.00

resistance - 590.00

600.50

May Spring Wheat marked it's low at the stated 650.00 support, then rallied 9 cents.

support - 654.00

650.00

resistance - 661.00 - breakout

670.00

June S&P marked it's low 14 points below the 5200 support and 21 points above the 5165 support, then rallied about 60 points, up to the 5240 target.

support - 5224

5195

resistance - 5254

5337