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Writer's pictureTech Guy

Tech Guy Weekend Comments 1/7/24

February Crude Oil Marked it's high 1 penny from the 74.25 resistance level.

support - 71.00

69.00

resistance - 74.25

76.25


March Soybeans made the low between the 2 support levels.

support - 1250.50

1241.00

resistance - 1281.00

1291.00


March Soymeal marked it's low 1.1 dollars below the 370.20 support level.

support - 365.00

resistance - 375.50

380.00


March Corn marked a slightly lower low on heavy volume 1.5 cents below the stated 461.50 support.

support - 460.00

453.00

resistance - 467.00

469.00

475.00


March SRW Wheat marked it's high 2 ticks above the 621.00 resistance level.

support - 615.00

602.50

resistance - 623.00

631.50

640.00


March KC Wheat marked it's high 4 cents above the 632.00 resistance.

support - 625.50

620.00

resistance - 636.00

647.00


March Spring Wheat marked it's high 3 ticks below the 722.00 resistance.

support - 707.50

702.00

resistance - 721.00-722.50

729.00-731.50


March S&P marked it's high 7 points below the 4760 resistance.

support - 4700

4660

resistance - 4774

4798

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