Tech Guy Thanksgiving Comments 11/27/25

Hard 8.30 AM open Friday.

January Crude Oil has marked its high in between the 59.10 and 59.25 resistance numbers so far in after hours trading, after rallying about 1.50 Dollars from Wednesday's low price, which was 6 cents above the 57.60 support level.

support - 58.50, 57.90, 57.10

resistance - 60.10, 60.85

January Soybeans marked the high price 4.25 cents above the 1131.00 resistance number, which constitutes a breakout, after moving up about 12.00 cents from the morning low.

support - 1130.75, 1128.25-1127.00, 1122.50

resistance - 1143.50, 1160.00

March Corn had a convincing upside breakout, marking the high price 4.00 cents above resistance, and rallying about 9.25 cents from low to high.

support - 442.50, 439.00

resistance - 451.00, 465.00

March SRW Wheat marked the high price 1.50 cents beyond the 543.50 resistance level, after rallying about 8.75 cents from the open/low price.

support - 537.00-535.50, 532.50

resistance - 545.00, 551.00, 555.00

March HRW Wheat marked its high price 1.25 cents above the 533.50 bracket resistance number, after rallying about 9.25 cents from the low print.

support - 527.00, 523.00

resistance - 535.00, 540.00, 550.00

March Spring Wheat marked its high price at the stated 588.00 resistance level, after rallying 12.00 cents from the open/low price print. After the high mark, the sellers took price down 10.00 cents, almost giving all the gains back.

support -577.75-576.00, 571.00

resistance - 588.00-590.50, 596.50

Ford, part 1:

Henry Ford was born in 1863 and grew up on a farm in Southern Michigan. He worked hard with his parents in the hot sun and cold winters for little gain. He vowed some day he would do what he could to make farming more profitable. In 1928, Henry had the money and the time to begin his “farm work.” He wanted to find a way to grow something on farms that could be used in manufacturing as well as food. After extensive research to find a crop that would benefit farmers the most, he chose soybeans.

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