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Tech Guy Weekend Comments 12/31/23

February Crude Oil broke support by about 60 cents on Friday.

support - 70.60

69.40

resistance - 74.30

76.30


March Soybeans marked a new low for the move on Friday.

support - 1296.50

1292.00

resistance - 1310.00

1317.50

1328.00


March Soymeal marked it's low 1.20 below the stated support level.

support - 385.40

382.00

resistance - 390.50

392.00

397.50


March Corn closed 1 penny below the 471.75 support level.

support - 468.00

resistance - 475.00

479.00

481.50


March Wheat sold off to the 621.50 support level and reversed up from there.

support - 625.00

621.50

resistance - 633.50

640.00


March KC Wheat marked it's low 3 ticks below the 638.00 support level.

support - 641.25

637.00

resistance - 649.00

657.50


March Spring Wheat marked it's low 1 cent from support after rallying about 8 cents.

support - 721.00

718.50

resistance - 729.00

732.50

741.00


March S&P marked it's high 1 point above the 4840 resistance, then sold off about 40 points.

support - 4808

4797

resistance - 4836

4842

4874

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