Tech Guy Opening Calls & Comments 5/22/24

July Wheat - 0.75 Higher

July Corn - 0.25 Lower

July Soymeal - 0.80 Higher

July Beans - 1.75 Lower

July Crude Oil marked the low 24 cents below the 77.50 support level after selling off 1.20 from the high..

support - 77.20

76.20

resistance - 78.40

79.10

July Soybeans marked the low 1 tick above the 1233.50 support price, then rallied 15 cents.

support - 1245.00

1242.00-1240.00

resistance - 1257.00

1290.00

July Soymeal marked it's low 2 ticks below the 370.00 support, then rallied 9 bucks.

support - 375.00

370.00

resistance - 381.50

390.00

July Corn marked it's low 3 cents above the 455.00 support number, then rallied 4.50 cents low to high.

support - 459.00

455.50

resistance - 466.00

472.00

July SRW Wheat marked the low 3.00 cents below the 691.50 support level, after selling off 25 cents from the high.

support - 687.00

682.00

resistance - 717.00

721.00, 778.00

July HRW Wheat marked the low 2 ticks above the 696.00 support level, after selling off 23 cents from the high.

support - 696.00

690.00

resistance - 720.00

754.00

July Spring Wheat marked it's low 3.50 cents above support after selling off 19 cents from the high.

support - 729.00

720.00

resistance - 752.00

770.00

June S&P marked the low 2 points above the 5305 support after selling off 3 ticks from the 5350 resistance.

support - 5319

5305

resistance - 5350 - breakout

5394