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Tech Guy Opening Calls & Comments 4/4/24

May Wheat - 0.50 Higher


May Corn - Mixed, 2 Higher to 1.5 Lower


May Soymeal - 0.90 Lower


May Beans - Steady


May Crude Oil marked it's low 16 cents below the 84.80 support level, then rallied about $2.50.

support - 86.20

86.00

resistance - 88.70

89.90


May Soybeans marked the low 2.50 cents above the 1167.50 support price, after selling of 15 cents.

support - 1170.00

1167.50

resistance - 1187.00

1200.00


May Soymeal marked it's low 2 ticks below the 328.00 support level, then rallied 6 bucks.

support - 331.40

327.80

resistance - 334.50

339.20


May Corn marked it's low 1 tick below the 430.00 support level, then rallied 6 cents.

support - 432.00

429.50

resistance - 437.50

441.00


May SRW Wheat marked it's low 2.00 cents below the 551.50 support price, after selling off 12 cents.

support - 548.75

545.00

resistance - 562.00

569.00 - breakout


May HRW Wheat marked it's low 1.25 cents above 573.50 support after selling off 13 cents.

support - 574.00

569.50

resistance - 588.50

594.50


May Spring Wheat was supported by buying today and marked the high 3 cents above the 647.00 resistance level.

support - 641.00

637.00

resistance - 653.50

661.00


June S&P marked it's high 12 points above the 5296 resistance, then sold off 110 points.

support - 5185

5167

5151

resistance - 5235

5310



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