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Tech Guy Weekend Comments 12/2/23

January Crude Oil marked it's low in between the 2 support levels.

support - 74.20

73.55

resistance - 75.05

77.10

78.50


January Soybeans broke both support levels.

support - 1319.00

1298.00

resistance - 1337.00

1352.00

1358.50

1373.00


March Corn marked it's high 2 ticks below resistance of 490.00.

support - 483.50

478.00

resistance - 490.00

495.00

498.00


March SR Wheat marked it's low 2.50 cents below first support, and made the high 2 ticks above the 609.50 resistance.

support - 599.50

588.00

resistance - 610.00

623.00

631.00


March KC Wheat marked it's low 2.50 cents above lower support, and made the high 1.25 cents below the first resistance of 650.00.

support - 643.00

631.00

resistance - 650.00

663.00

682.00


March Spring Wheat marked it's low 2.50 cents below the middle support and rallied about 14 cents.

support - 722.50

718.50

resistance - 740.00

751.00

755.00


December S&P closed 4 points above the 4600 target.

support - 4561

4542

resistance - 4620

4635

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