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Tech Guy Opening Calls & Comments 4/8/24

May Wheat - 0.25 Higher


May Corn - Steady


May Soymeal - 0.40 Lower


May Beans - 1.25 Lower


May Crude Oil sold off to old support levels today.

support - 85.40

84.60

resistance - 87.15

87.70


May Soybeans marked the low 2 ticks above the 1180 support after selling off 12 cents from the morning highs.

support - 1180.00

1173.00

resistance - 1193.50

1200.00


May Soymeal marked it's low 0.50 above the 331.70 support, then rallied almost 6 bucks.

support - 334.00

332.30

resistance - 339.30

343.00


May Corn marked it's low 1 tick below the 431.75 support price, then rallied 5.75 cents.

support - 431.50

429.50

resistance - 438.50

441.00


May SRW Wheat marked it's low 2 ticks below the 560.00 support level, then rallied 13 cents.

support - 559.50

557.00

resistance - 580.00

590.00


May HRW Wheat marked the low 2.25 cents below the 582.00 support point, then rallied 15 cents.

support - 579.50

575.00

resistance - 597.00

604.00


May Spring Wheat marked it's low 1 tick above the 644.00 support level, then rallied 13 cents.

support - 644.00

640.25

resistance - 660.00

669.00


June S&P marked it's low 1.50 points above the 5235 support price, then rallied 30 points.

support - 5236

5225

resistance - 5272 - breakout

5310



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