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Tech Guy Opening Calls & Comments 3/27/24

May Wheat - Steady


May Corn - 0.25 Lower


May Soymeal - 0.10 Lower


May Beans - 1.00 Lower


May Crude Oil marked it's low 5 cents above the 80.50 support price, then rallied a buck.

support - 81.20

80.50

resistance - 82.40

83.10


May Soybeans marked it's low 4.00 cents below 1293.50 support.

support - 1191.75

1189.50-1188.00

resistance - 1208.00

1217.50


May Soymeal marked it's low 3 ticks below the first support level, then rallied 3+ bucks.

support - 338.20

336.50

resistance - 342.00

345.50


May Corn marked it's low 1.75 cents below the 428.00 support level, after selling off 5.50 cents.

support - 426.00

423.00

resistance - 430.50

435.50


May SRW Wheat marked it's low 1 cent below the 539.50 support level, then rallied about a dime.

support - 544.25

540.50

resistance - 550.00

557.00


May HRW Wheat marked it's low 1 tick above the 572.00 support level, then rallied about 9 cents.

support - 576.50

572.00

resistance - 586.50

592.00


May Spring Wheat marked it's low at the 645.00 support level, then rallied 7.50 cents.

support - 648.50

645.00

resistance - 659.50

668.50


June S&P marked it's low 3 points above the 5268 support, then rallied passed the 2nd resistance level, for 40 points.

support - 5301

5294

resistance - 5336

5406



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