Tech Guy Opening Calls & Comments 8/14/24

Sep Wheat - 1.00 Higher

Sep Corn - 0.50 Lower

Dec Soymeal - 0.10 Higher

Nov Beans - Steady

September Crude Oil marked it's low 13 cents above the 76.70 support level, after selling off a couple of bucks.

support - 77.00

76.20

resistance - 78.80

80.25

November Soybeans marked a slightly lower low last night, then ended up positive for the day.

support - 963.00

955.00

resistance - 974.00

989.00

December Soymeal marked it's low 2.50 above the 296.00 support level, then rallied 6 bucks low to high.

support - 302.00

298.00

resistance - 306.00

313.00

September Corn marked it's low on the 376.00 support level, then rallied a nickel.

support - 378.75

376.00

resistance - 386.00

393.00

December Corn:

support - 398.50

395.00

resistance - 403.00

409.00

September SRW Wheat marked it's low 1.00 cent below the 525.00 support price, then rallied 12 cents.

support - 531.00

527.00

resistance - 543.00

548.00

September HRW Wheat marked it's low 1.00 cent above the 541.00 support level, after selling off a dime.

support - 545.50

541.50

resistance - 553.00

559.00

September Spring Wheat marked an inside/narrow range daily bar, trading between support and resistance. A breakout day in either direction is likely tomorrow because of this energy buildup.

support - 586.50

579.00

resistance - 600.00

613.00

Sep S&P marked it's low 6 points above the 5433 support level, then rallied almost 50 points.

support - 5439

5368

resistance - 5500

5650