May Wheat - 0.25-0.50 Higher
May Corn - 1.00 Higher
May Soymeal - 0.30 Higher
May Beans - 1.00-1.50 Lower
May Crude Oil apparently needed to sell off 60-65 cents below support/breakout point to take out weak sell stops for energy to continue upwards.
support - 80.75
80.40
resistance - 82.70
83.15
May Soybeans marked it's low 1 tick above the 1180.75 support level, then rallied 30 cents.
support - 1206.00
1189.00
resistance - 1218.00
1233.00
May Soymeal also marked it's low 1 tick above 333.40 support, then rallied 9 bucks, to within the 2 resistance levels.
support - 340.20
339.20
resistance - 346.30
355.80
May Corn marked it's low 2 ticks above the 435.00 support point, then rallied 4 cents.
support - 438.00
437.00
resistance - 445.00 - breakout price
456.00
May SRW Wheat marked it's low on the 537.00 support level, after selling off 15 cents.
support - 541.25
536.50
resistance - 556.00 - breakout price
569.50
May HRW Wheat marked it's low 4.25 cents below the 571.00 support price, after selling off 16 cents.
support - 577.75
573.50
resistance - 593.00
605.50
May Spring Wheat marked it's low 5 cents below the 650.00 support.
support - 650.00
645.00
resistance - 660.00 - breakout point
674.50
June S&P remained 8 points above the 5224 support, then rallied 50 points on the FOMC data.
support - 5267
5253
resistance - 5334
5400 - psychological
