Dec Wheat - 1.50 Higher
Dec Corn - 0.50 Lower
Dec Soymeal - 0.20 Higher
Nov Beans - 0.25 Lower
7 out of 8 big winners with little to no risk. Hope some of you folks are able to use these numbers.
November Crude Oil fell through support to test yesterday's low. Instead of continuing the rally crude is stuck trading sideways for now.
support - 69.55
68.90
resistance - 71.20
71.75
November Soybeans marked the low 1.75 cents below the 1033.00 support level, then rallied about 22 cents.
support - 1040.50
1031.00
resistance - 1059.50
1083.00
December Soymeal marked it's high 2 ticks below the 335.00 resistance price, then sold off about 12 bucks.
support - 322.00
315.50
resistance - 335.00
343.00
December Corn marked it's high 1 tick beneath the 418.50 resistance level, then sold off a dime.
support - 408.00
401.00
resistance - 418.50
424.00
December SRW Wheat marked it's low 3 ticks above the 573.00 support level, then rallied about 17 cents.
support - 584.50
573.00
resistance - 600.00
623.00
December HRW Wheat marked it's low 1 penny below the 567.00 support price, then rallied about 16 cents.
support - 576.00
566.00
resistance - 585.00, 588.00
594.00
December Spring Wheat marked it's low 1 cent below the 606.00 support level, then rallied 13.50 cents.
support - 612.00
606.50
resistance - 626.00
638.00
December S&P marked it's high 1.25 bucks below the psychological resistance of 5800, then sold off about 30 bucks.
support - 5772
5775
resistance - 5800
5850
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