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Writer's pictureTech Guy

Tech Guy Opening Calls & Comments 9/26/24

Dec Wheat - 1.25 Lower


Dec Corn - 0.25 Lower


Dec Soymeal - 0.80 Higher


Nov Beans - 1.75 Lower


November Crude Oil did not hold the support levels, At this point, we don't know if this is a correction or a continuation of the downtrend.

support - 66.75

65.50

resistance - 68.75

70.00


November Soybeans marked it's low 1 tick below the 1040.00 support level, after selling off about 25 cents from the high.

support - 1038.00

1031.00

resistance - 1063.00

1083.00


December Soymeal marked it's high 2.8 bucks below the 335.00 resistance, then sold off about 7 bucks.

support - 325.00

322.00

resistance - 332.50

335.00 - breakout


December Corn marked it's high 3 ticks above the 418.50 resistance, then sold off about 6.50 cents.

support - 412.00

408.00

resistance - 420.00-424.00

441.00


December SRW Wheat marked it's low 1.75 cents below the 584.50 support price, after selling off about 13 cents to the low.

support - 582.00

580.00, 574.00

resistance - 597.00-599.00 - breakout

615.50


December HRW Wheat marked it's high 2.75 cents above the 588.00 resistance level, then sold off about 14 cents.

support - 576.00

571.00

resistance - 591.00

605.00


December Spring Wheat marked it's high 1.50 cents below the 626.00 resistance price, then sold off almost 15 cents high to low.

support - 612.50

609.00

resistance - 625.00

638.00


December S&P marked a new all time high of 5830, then sold off about 51 points to a few bucks above the support from yesterday.

support - 5793

5783

resistance - 5816

5830



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