Tech Guy Weekend Comments 12/21/25

February Crude Oil marked its low price 14 cents below the 55.75 support level, then rallied about 1.10 bucks to the afternoon high price print.

support - 56.05, 55.60, 55.00

resistance - 56.90, 57.80, 58.20

January Soybeans marked the low price 2.50 cents above the 1044.50 support number, after selling off about 7.00 cents from the morning high print.

support - 1044.50-1042.50, 1037.50

resistance - 1055.00, 1061.00

March Corn marked its low price 2 ticks below the 443.00 support point, after trading in a very small range of 2.25 cents - Energy accumulation.

support - 442.00-441.25, 440.00

resistance - 446.00, 448.00

March SRW Wheat marked its high price 3 ticks below the 512.00 resistance node, after rallying about 6.00 cents from the overnight low print.

support - 507.00-506.00, 504.00

resistance - 511.50 - breakout higher, 520.00

March HRW Wheat marked its low price 2 ticks below the 514.00 support number, then moved up about 4.00 cents to the high price.

support - 513.00, 508.50

resistance - 519.00, 524.00

March Spring Wheat marked its high price 1.00 cent shy of the 580.00 price point, after a rally of about 9.25 cents from 1 tick below the 568.00 bracket support number.

support - 572.50, 567.50

resistance - 580.00 - breakout higher, 588.00

Rice:

At 750 million tons, rice is the world’s sixth largest agricultural product and a dietary staple for more than half of the world’s population, particularly in Asia. Leading producers are China, India, and Indonesia. Rice and wheat are competing crops. Together, they meet the protein needs of nearly half of the world’s population.

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