Sep Wheat - 0.75 Lower
Sep Corn - 0.25 Higher
Dec Soymeal - 0.40 Higher
Nov Beans - 1.75 Higher
September Crude Oil Blew through resistance levels to the upside.
support - 78.10-78.00
77.30
resistance - 80.20
82.25
November Soybeans crashed trough support levels of 984, but managed a close 4.00 cents above that price.
support - 983.00
975.00
resistance - 1000.00
1016.00
December Soymeal marked it's low 3.80 below the 306.50 support price, but managed a close only 1.50 below that mark.
support - 303.50
285.00
resistance - 309.50
313.00
September Corn marked it's high 1.75 cents below the 387.00 upper resistance level, after rallying 12 cents low to high.
support - 381.50
376.00
resistance - 387.00
394.00
December Corn:
support - 399.00
394.00
resistance - 404.00 - breakout
410.00
September SRW Wheat marked it's low 4.50 cents below the 532.50 support level, then rallied almost 13 cents low to high.
support - 534.00
527.00
resistance - 547.00
556.00
September HRW Wheat crashed through support on the low, but managed to close in between the 548.00 and 551.00 support prices.
support - 545.00
539.00
resistance - 559.00
568.00
September Spring Wheat marked it's low 3.75 cents below the 582.50 support level, then rallied 17 cents low to high.
support - 588.50
580.00
resistance - 600.00
613.00
Sep S&P marked it's low 2.75 cents below the 5350 support level, while trading in a 50 dollar range. This is the 2nd small range day in a row. A big move, probably up, is immanent.
support - 5345
5316
resistance - 5437
5600

Comments