Sep Wheat - 0.25 Lower
Dec Corn - 0.75 Higher
Dec Soymeal - 0.80 Higher
Nov Beans - 0.50 Lower
October Crude Oil marked it's high 24 cents below the 74.40 resistance level, then sold off about 2.50 bucks. The daily and weekly crude continuation charts tested a long term uptrend line today. There should be at least a bounce higher from here.
support - 71.50
70.80
resistance - 73.30
74.20
November Soybeans marked their low 1.50 cents below the 975.00 support level, then bounced up a few cents.
support - 975.00
972.00
resistance - 988.00-breakout
1000.00
December Soymeal marked it's low 80 cents below the 307.50 support price, after selling off about a nickel from the high.
support - 306.50
304.00
resistance - 314.00
321.00
December Corn marked it's low 1.00 cent below the 397.50 support level, after selling off 4 cents from the high.
support - 397.00
395.00
resistance - 404.00 - breakout
409.00
September SRW Wheat took out the lower support level by 7.00 cents, and sold off about 16.50 cents from high to low.
support - 520.00
514.00
resistance - 536.50
539.00
September HRW Wheat marked it's low 4.25 cents below the 537.50 support level, after selling off about 17 cents high to low.
support - 535.00
531.00
resistance - 550.00
558.00
September Spring Wheat marked it's low 2.00 cents below the 582.00 support price, after selling off about 14 cents.
support - 578.00
575.00
resistance - 594.50
601.00
Sep S&P has rallied about 17 bucks at the time of this writing, trading in between support and resistance.
support - 5595
5534
resistance - 5675
5722
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