Sep Wheat - Steady
Sep Corn - 0.75 Lower
Sep Soymeal - 0.10 Higher
Sep Beans - 0.25 Lower
September Crude Oil marked it's high 12 cents below the 79.25 resistance level, then sold off about 1.50 and pushed through the 77.90 support by 35 cents.
support - 78.15
77.50, 77.00
resistance - 79.20
80.75
September Soybeans gapped up on the open last night and never looked back, rallying through the upper resistance level. As I suspected, it looks like the weekly Doji is the real deal and therefore, last weeks low should be in place for weeks or months.
support - 1059.50
1056.00, 1049.00
resistance - 1067.50-1072.00
1083.00
September Soymeal marked it's low 90 cents above the 315.50 support level, then rallied 9 bucks, past the resistance prices.
support - 323.00
321.00
resistance - 327.20-329.00
339.50
September Corn opened 1.00 cent above the 390.00 support level, then rallied a dime, closing above the 400.00 resistance point. Corn broke out (up) from a declining wedge pattern at 395.25 shortly after the pit open.
support - 397.25
393.25
resistance - 405.00
413.00
September SRW Wheat marked the low 1 tick above the 540.00 support level, then rallied a dime to 1 tick above the 556.00 resistance level.
support - 544.50
540.00, 536.00
resistance - 562.00
571.00, 581.00
September HRW Wheat marked it's low 1.00 cent below the 568.00 support price, after selling off about 11 cents high to low.
support - 566.50
562.00
resistance - 580.00 -
590.00 - These are swing points to the left that happen to be round numbers FYI.
September Spring Wheat opened above support, rallied 14.50 cents to the high which was 2.50 cents shy of the 628.00 resistance price.
support - 616.00-614.00
605.75
resistance - 628.00
638.50
Sep S&P marked it's low about 13 points above 5540 support, then rallied 60+ points to the high. The high print was 6 points above the 5610 resistance.
support - 5572
5553
resistance - 5629
5662
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