Tech Guy Opening Calls & Comments 9/24/24

Dec Wheat - 0.25 Higher

Dec Corn - Steady

Dec Soymeal - 0.10 Higher

Nov Beans - 0.50 Higher

November Crude Oil rallied about 1.50 low to high, pivoting around the 71.80 resistance point - trading about 60 cents above and below it during most of the session.

support - 70.90-70.75

70.40

resistance - 72.40

73.00

November Soybeans marked it's low 1 tick below the 1033.00 support level near last night's open, then rallied about 25 cents low to high.

support - 1042.00 - near close

1033.00

resistance - 1059.00

1083.00

December Soymeal marked it's low at the 324.50 support level late in the day, after selling off about 10 bucks from the high which was near the 334.00 resistance price.

support - 324.50

321.00

resistance - 335.00

343.00

December Corn marked it's high 2.25 cents above the 416.00 resistance level, then sold off about 8 cents high to low.

support - 410.00

406.50

resistance - 418.50

424.00

December SRW Wheat marked it's high 2.75 cents above the 586.50 resistance price, then sold off about 14 cents high to low.

support - 573.00

567.00

resistance - 590.00

599.50

December HRW Wheat marked it's high 2.50 cents beyond the 582.00 resistance level, then sold off about 15 cents high to low.

support - 567.00

561.00

resistance - 585.00

588.00, 594.50

December Spring Wheat marked it's high 2.00 cents below the 626.00 resistance point, then sold off 15.00 cents to the low of 609.00.

support - 606.00, 603.00

591.00

resistance - 625.00

631.50, 637.50

December S&P marked it's low about 6 points below the 5761 support level, after selling off about 40 points high to low.

support - 5780

5754

resistance - 5800

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