Sep Wheat - 1.25 Lower
Sep Corn - Mixed, 392.00-389.00
Aug Soymeal - 1.10 Lower
Aug Beans - 1.75 Lower
August Crude Oil traded in between support and resistance at the time of this writing today, creating many opportunities for the day trader.
support - 80.80
80.50, 80.20
resistance - 82.50
83.75
August Soybeans once again broke all support, selling off about 21 cents high to low.
support - 1071.00
1015.00
resistance - 1103.00
1117.00
August Soymeal marked it's low 2.80 bucks above the 330.00 support level, after selling off about 5 bucks high to low.
support - 330.50
328.00
resistance - 338.00
341.50
September Corn violated support and marked a new low by about 1 cent. The key reversal was almost violated in the December contract, but today's low was 2 ticks above Friday's low.
support - 386.00
380.50
resistance - 400.00
405.00
September SRW Wheat marked the low 3.00 cents below the 534.00 support price, after selling off about 21 cents high to low.
support - 527.00
523.00
resistance - 553.00
562.00
September HRW Wheat violated the support levels, and made new lows, selling off 21 cents from last night's open.
support - 550.50
532.50
resistance - 576.00
581.00
September Spring Wheat marked it's low 6.75 cents below the 586.00 support level, after selling off almost 19 cents, high to low.
support - 576.00
552.00
resistance - 589.50
604.00
Sep S&P marked it's high about 10 bucks above the 5709 resistance level, then sold off 43 bucks from that resistance to the low.
support - 5665
5621
resistance - 5719
5765
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