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Writer's pictureTech Guy

Tech Guy Opening Calls & Comments 8/13/24

Sep Wheat - 0.25 Higher


Sep Corn - 0.75 Lower


Dec Soymeal - 0.30 Higher


Nov Beans - 1.25 Lower


September Crude Oil marked it's low 6 cents above the 78.10 support level, after selling off about 2 bucks.

support - 77.65

76.70

resistance - 79.30

80.20


November Soybeans are on a complete washout to the downside, and eclipsed support once again.

support - 938.00

911.00

resistance - 974.00

989.00


December Soymeal marked it's low 4.50 below the 303.50 support price, closing on the lows for the day.

support - 296.00

286.00

resistance - 303.50

306.00


September Corn marked it's low 1 tick above the 376.00 support level, after selling off almost 9 cents from last night's high.

support - 376.00

372.00

resistance - 382.25

386.00

December Corn:

support - 395.00

390.00

resistance - 400.50

404.00, 409.50


September SRW Wheat marked it's low 2.00 cents below the 527.00 support level, after selling off 13 cents from the morning high to the low of the day.

support - 525.00

520.00

resistance - 538.50-541.00

553.00


September HRW Wheat marked it's low 2.00 cents above the 539.00 support price, after selling off about a dime high to low.

support - 541.00

535.00

resistance - 552.00

559.00


September Spring Wheat marked it's low 1.75 cents below the 588.50 support level, and traded in an 11 cent range for the day.

support - 586.50

580.00

resistance - 600.00

613.00


Sep S&P marked it's high about 20 points above the 5437 resistance, while finishing up over 85 points on the day.

support - 5433

5380

resistance - 5505

5600





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