Dec Wheat - 0.50 Higher
Dec Corn - 0.25 Higher
Dec Soymeal - 0.40 Higher
Nov Beans - 1.25 Lower
October Crude Oil marked it's high 71 cents above the 69.10 support level, after rallying over 2.50 bucks from the lows printed last night. It closed very near the 69.10 level. This data makes a good case that the bottom is in place from the recent selloff.
support - 68.70
67.70
resistance - 70.10
71.50
November Soybeans marked their lows 1.25 cents beneath the 998.50 support price, then rallied about 15 cents.
support - 1004.00
998.00
resistance - 1031.50
1042.00
December Soymeal marked it's low 70 cents below the 318.50 support level, then rallied about 7 bucks low to high.
support - 321.50
317.00
resistance - 330.50
335.00
December Corn marked it's low 3.50 cents below the 400.50 support price, taking out many sell stops, then it rallied about a dime low to high.
support - 405.00
401.50
resistance - 410.00
416.50
December SRW Wheat marked it's low 1 tick above the 573.00 support level, after it sold off about 18.50 cents high to low.
support - 575.50
571.00
resistance - 592.00
622.00
December HRW Wheat marked it's low 2.50 cents below the 580.00 support level, after selling off about 18 cents high to low.
support - 583.00
578.00
resistance - 600.00
640.00
December Spring Wheat marked it's high at 627.50, within the given resistance range, after rallying about 14.50 cents.
support - 618.00
613.50
resistance - 628.50
646.00
Sep S&P rallied 35.25 points on the day, finishing in between the 2 resistance levels.
support - 5574
5533
resistance - 5669
5722 - all time high
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