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Writer's pictureTech Guy

Tech Guy Opening Calls & Comments 9/23/24

Dec Wheat - 1.00 Lower


Dec Corn - 0.50 Lower


Dec Soymeal - 0.20 Lower


Nov Beans - 2.75 Lower.


November Crude Oil marked it's high 19 cents shy of the 72.00 resistance level, then sold off more than 2 bucks to below support.

support - 70.25

69.50

resistance - 71.80

73.00


November Soybeans traded in a strong rally, taking out resistance prices. During the session, it pulled back and tried to test 1032 (previous resistance), but was too strong even for that task.

support - 1033.00

1022.00

resistance - 1042.00 - breakout

1083.00


December Soymeal marked it's high 2.50 bucks above the upper resistance level, while rallying 9.30 on the day.

support - 327.50

324.50

resistance - 333.00-335.00 - breakout

343.00


December Corn marked it's high 3 ticks shy of the 415.00 resistance price, while finishing up 11.25 cents on the day.

support - 410.00

407.00

resistance - 416.00 - breakout

424.00-425.00


December SRW Wheat closed 2.50 cents below the 583.50 resistance point, up 13.00 cents on the day.

support - 580.00

576.00

resistance - 586.50

596.00


December HRW Wheat marked it's high 1.75 cents above the upper 580.00 resistance level, then finished up 12.25 cents on the day.

support - 583.75

576.50

resistance - 582.00

588.00, 594.00


December Spring Wheat rallied 11.00 cents on the day, after marking it's high in between the 2 listed resistance prices of 615.00 and 626.00.

support - 614.00

610.50

resistance - 621.00

626.00, 638.00


December S&P marked it's high 4.50 bucks above the 5780 resistance level, then finished up 12.75 on the session.

support - 5761

5730

resistance - 5786

5800




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