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Writer's pictureTech Guy

Tech Guy Opening Calls & Comments 9/17/24

Dec Wheat - 0.75 Higher


Dec Corn - Steady


Dec Soymeal - 0.30 Higher


Nov Beans - Steady


October Crude Oil marked it's low 11 cents above the 69.50 support level, then rallied nearly 2.50 bucks.

support - 70.75

69.50

resistance - 72.00

73.00


November Soybeans marked it's low at the 1002.00 support price, then rallied as much as 8.50 cents low to high.

support - 1003.00

995.00

resistance - 1012.00

1022.00


December Soymeal marked it's low 1 dollar below the 321.20 support level, after selling off about 7 bucks high to low.

support - 320.50

317.50

resistance - 325.00

327.50


December Corn marked it's low at the 408.50 support price, then rallied 4.50 cents low to high.

support - 408.50

406.75

resistance - 414.00

416.00


December SRW Wheat marked it's low 3.25 cents below the 574.50 support price, after selling off about 13 cents high to low.

support - 574.00

569.00

resistance - 585.00-588.50

596.50


December HRW Wheat marked it's low 1 tick below the 576.50 support level, after selling off about 11 cents high to low.

support - 578.75

573.50

resistance - 587.00

595.00


December Spring Wheat marked it's low 1.75 cents above the 616.00 support price during what was a small range/inside day of 9.00 cents - energy building.

support - 617.50

613.00

resistance - 627.00-631.50

638.00


December S&P marked a new high today of 5737, which was 16 bucks above the old high of 5721.25. After printing the high, it sold off almost 60 bucks to the low.

support - 5668

5641

resistance - 5712

5738




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