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Tech Guy Opening Calls & Comments 4/11/24

May Wheat - 0.50 Higher


May Corn - Steady


May Soymeal - 0.30 Higher


May Beans - 0.75 Lower


May Crude Oil marked it's low 34 cents above the 84.50 support level, after selling off about 1.50 from the high of 86.63.

support - 85.15

84.50

resistance - 86.65

87.80


May Soybeans marked the low 3 cents below the 1154.00 support price, after selling about 14 cents from the high.

support - 1157.00

1150.00

resistance - 1168.25

1184.00


May Soymeal marked it's low 60 cents above the 329.60 support level, then rallied almost 5 bucks.

support - 334.00

331.00

resistance - 338.50

342.00


May Corn marked it's low 2 cents below the 429.50 support after selling 9 cents.

support - 428.00

425.50

resistance - 437.00

441.00


May SRW Wheat marked it's low 1.25 cents below the 549.50 support point after selling off about 12 cents high to low.

support - 551.00

544.00

resistance - 560.00

567.00


May HRW Wheat marked it's low 1.50 cents above the 580.00 support level, after selling off 15 cents from the high.

support - 582.00

580.50

resistance - 589.50

597.00


May Spring Wheat marked it's low directly in between the 639.00 and 630.00 support levels after selling down 15 cents.

support - 632.00

625.00

resistance - 651.00

663.00


June S&P marked it's low 5.5 points above the 5168 support price, then rallied 80 points.

support - 5230

5215

resistance - 5296

5334



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