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Tech Guy Opening Calls & Comments 7/30/24

Writer's picture: Tech GuyTech Guy

Sep Wheat - 0.50 Lower


Sep Corn - Steady


Sep Soymeal - 0.10 Lower


Nov Beans - 0.50 Lower


September Crude Oil marked it's high 23 cents below the 76.20 resistance, then sold off about 1.30 high to low.

support - 75.00

74.60

resistance - 76.00-76.20

77.65


September Soybeans tested yesterdays low to the tick, falling in between the support levels.

support - 1008.50

1001.00

resistance - 1033.00

1054.00

November Beans:

support - 1018.00

1010.00

resistance - 1042.00

1058.00


September Soymeal marked it's low 60 cents above the 328.00 support level, after selling off 7 bucks from testing Friday's high.

support - 328.00-327.00

324.00

resistance - 333.00

336.00


September Corn marked it's low 2.75 cents below the 390.00 support price, after selling off 9 cents high to low.

support - 385.50

377.00

resistance - 397.00

405.00

December Corn:

support - 403.00

394.50

resistance - 408.00

413.00


September SRW Wheat marked it's low 3.00 cents below the 520.00 support, after selling off 9 cents.

support - 518.00

514.00, 503.00

resistance - 529.00

533.00


September HRW Wheat crashed through support by 8 cents, reversed, then closed 13 cents higher from the low.

support - 540.50

535.00

resistance - 555.00

566.50


September Spring Wheat marked it's low 1.75 cents above the 574.00 support level, after selling off almost 14 cents high to low.

support - 574.00

563.50

resistance - 593.00-596.00

602.00


Sep S&P marked it's high 10 points below the 5538 resistance level, then sold off 90 points.

support - 5431

5394

resistance - 5492

5531





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