Tech Guy Opening Calls & Comments 7/1/24

Sep Wheat - 1.25 Lower

Sep Corn - 0.75 Higher

Aug Soymeal - 0.60 Higher

Aug Beans - 1.00 Lower

Aug Crude Oil rallied 1.84 on the day and closed above the 83.35 resistance level.

support - 83.15

82.70

resistance - 84.45

85.70

August Soybeans marked the low 2.25 cents below the 1132.00 support price, then rallied 17 cents low to high, with a correction in between.

support - 1141.50-1140.00

1136.00

resistance - 1155.00-1158.00

1167.00

August Soymeal marked it's low 60 cents above the 343.50 support level, then rallied about 5 bucks.

support - 347.00

345.50

resistance - 351.00-352.00

357.00

September Corn marked it's low 2 cents above the lower 399.00 support level, then rallied 8 cents low to high.

support - 405.00

402.50

resistance - 429.00

436.00

September SRW Wheat marked the low 1.25 cents below the 569.00 support, then rallied over 20 cents, making it to within 1 tick of the 592.00 resistance level.

support - 585.00

577.50

resistance - 600.50

611.00

September HRW Wheat marked it's low 1 cent above the 577.00 support, then rallied 22 cents, to 1 cent below the 601.00 breakout price. Knocking on the door.

support - 594.50

591.00

resistance - 608.50

616.00

September Spring Wheat marked the low 2 ticks below the 610.00 support, then rallied 33 cents, and closed 1 tick above the 632.00 price target.

support - 625.00-623.50

614,50

resistance - 649.00

658.00

Sep S&P marked it's low 5 points below the 5509 support level, then rallied 25 points low to high.

support - 5518

5504

resistance - 5541 - breakout

5605