Tech Guy Weekend Comments 11/4/23

December Crude Oil first marked it's high 10 cents above stated resistance of 83.50 yesterday, then sold off to mark the low 10 cents above the 80.00 support.

support - 80.50

79.25

resistance - 83.50

86.00

January Soybeans opened 2.25 cents above support and rallied all session, marking the high one half cent above the 1354.50 resistance.

support - 1338.00

1334.00-1331.00

resistance - 1384.00

1400.00

December Corn marked it's low 1 cent above the 467 support and closed 1 cent above the 477 resistance.

support - 475.50

473.00

resistance - 482.50-484.00

486.50

December SRW Wheat made it's low well above support, and marked the high halfway in between the 470 and 479 resistance levels. The high was 474.50.

support - 565.00-563.50

556.00

resistance - 577.00

583.00

December KC Wheat marked the low 4.5 cents above support, and made the high 5 cents below resistance - tight range day.

support - 638.00-635.00

630.00

resistance - 650.50

654.00-657.00

December Spring Wheat marked its low 1 tick above the 707.00 support, and broke through the 715.50 resistance, closing at 719.50.

support - 716.00-714.50

707.00

resistance - 726.00

732.00-735.00

December S&P remained above the 4320 support and closed above the middle resistance of 4366 at 4378.50.

support - 4350

4322

resistance - 4422

4449