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Tech Guy Opening Calls & Comments 8/1/24

Writer's picture: Tech GuyTech Guy

Sep Wheat - 1.50 Higher


Sep Corn - Steady


Sep Soymeal - 0.30 Lower


Nov Beans - 1.25 Lower


September Crude Oil marked it's high 13 cents above the 78.75 resistance level, then sold off 2.5 bucks.

support - 76.25

75.40

resistance - 77.90

78.90


September Soybeans marked it's low in between the 2 support levels once again.

support - 1005.00

1001.00

resistance - 1020.00

1033.00


September Soymeal marked it's low 4 ticks below the 326.00 support, then rallied 4.50 points.

support - 326.00

324.00 I don't why this auto- underlines?


September Corn marked it's low 1 cent below the 377.00 support price.

support - 378.00

360.00

resistance - 391.00

397.00


September SRW Wheat marked the low at 519.75 which bisectected the 2 support levels almost to the tick, then rallied 14 cents low to high.

support - 525.00

520.00

resistance - 536.00 - breakout

547.00


September HRW Wheat marked it's low 1.75 cents below the 544.75 cents, then rallied 13 cents.

support - 547.00

543.00

resistance - 565.50

576.00


September Spring Wheat marked it's low 2.50 cents above the 575.50 support, then rallied 7 cents low to high.

support - 578.00

575.00

resistance - 593.00 - breakout

613.00


Sep S&P marked the low 8 points above the 5594 resistance level, then sold off 140 points. $7000 per contract.

support - 5442

5397

resistance - 5537

5601




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