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Writer's pictureTech Guy

Tech Guy Opening Calls & Comments 5/23/24

July Wheat - 1.50 Higher


July Corn - 0.50 Higher


July Soymeal - 1.30 Higher


July Beans - 0.25 Lower


July Crude Oil marked it's high 26 cents above the 78.40 resistance, then sold off 2 bucks to within 23 cents of the 76.20 support level.

support - 76.70

75.60

resistance - 77.40

78.70


July Soybeans marked the high 1.25 cents above the 1257.00 resistance level, then sold off 22 cents high to low.

support - 1234.00

1230.00

resistance - 1245.50

1250.50


July Soymeal marked it's high 50 cents (5 ticks) above the 381.50 resistance price, then sold off 7 bucks, to the 375.00 support level.

support - 375.00

370.00

resistance - 379.00

382.00


July Corn marked the low 2 ticks below the 459.00 support price, then rallied 8 cents, just beyond the 466.00 resistance.

support - 463.00

459.00

resistance - 467.50

474.00


July SRW Wheat marked the low 2 ticks above the 682.00 support level, then rallied 19 cents.

support - 695.00

688.50, 680.00

resistance - 708.00

717.00, 721.00


July HRW Wheat marked it's low at the given support price of 690.00, then rallied 24 cents.

support - 710.00

704.00

resistance - 720.00

754.00


July Spring Wheat marked the low 1.75 cents above the 729.00 support price, then rallied 16 cents.

support - 743.00

731.50

resistance - 752.00

770.00


June S&P marked the high 18 points above resistance, then sold off 75 bucks from the 5350 mark.

support - 5262

5118

resistance - 5343

5368





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