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Writer's pictureTech Guy

Tech Guy Weekend Comments 11/12/23

December Crude Oil marked it's low early in the session 11 cents above stated support of 75.20, and closed 15 cents above resistance of 77.20.

support - 77.15-77.05

75.25

resistance - 79.50-80.00

82.00-82.30


January Soybeans marked it's low in between the 2 support levels which were 7.50 cents apart, and did not make it up to resistance.

support - 1346.00

1340.00

resistance - 1359.50

1373.00


December corn marked it's low 1 tick below the 462.00 support and closed 2 cents above it.

support - 463.00

461.50

457.00

resistance - 467.50-469.00

475.50

481.00

485.50


December SRW Wheat marked it's low 2.25 cents below the 573 support.

support - 573.50

569.50

resistance - 583.50-585.00

588.00-590.00

597.00


December KC Wheat marked it's low 1 tick above lower support of 638.50.

support - 639.50

635.00

resistance - 648.00-651.50

656.00

662.50


December Spring Wheat marked it's low 3 ticks above middle support of 725.00.

support - 725.50

721.00

resistance - 735.50

741.00

747.00


December S&P marked it's low 4.25 points above middle support of 4350, and closed 10.25 points above middle resistance of 4412.

support - 4420

4405

4350

resistance - 4478

4531


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