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Tech Guy Opening Calls & Comments 5/30/24

Writer's picture: Tech GuyTech Guy

July Wheat - 0.50 Lower


July Corn - Steady


July Soymeal - 0.20 Higher


July Beans - 1.25 Lower


July Crude Oil marked the low 72 cents below the 78.35 support, after selling off about a dollar from high to stated support.

support - 77.75

77.15, 76.10

resistance - 79.20-79.40

80.65


July Soybeans marked the low 1.75 cents below the 1209.00 support area, after selling off 12 cents high to low.

support - 1207.00

1201.50

resistance - 1220.00

1229.50


July Soymeal marked the low 2.70 points below the 365.00 support price, after selling off 9 points from the high to stated support.

support - 363.00

361.50

resistance - 374.00

378.00


July Corn marked the low 3.50 cents below the 451.00 support level, after selling off 6 cents from the high to stated support.

support - 447.00

443.25

resistance - 457.00

463.00


July SRW Wheat marked it's low 9 cents below lower support.

support - 678.00

668.00

resistance - 690.00

706.00


July HRW Wheat marked the low 6 cents below the 710 support level, after selling off a dime from the high to stated support.

support - 708.00

698.00

resistance - 720.00

733.00


July Spring wheat marked the low 5.50 cents below the 744.50 support level, after selling off 7.50 cents from the high to stated support.

support - 730.00

724.00

resistance - 752.50

764.00


June S&P marked it's low 2.25 points above the 5236 support price, after selling off 30 points high to low.

support - 5246

5231

resistance - 5278

5300, 5337





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