Tech Guy Weekend Comments 7/13/24

August Crude Oil marked it's high 24 cents above the 83.50 resistance, then sold off about 1.50 into the close.

support - 81.00

80.30

resistance - 82.90

83.75

August Soybeans marked the low 2.50 cents below the 1105.00 support level, then rallied 11.50 cents, low to high.

support - 1101.00

1094.00

resistance - 1116.50

1126.00

August Soymeal marked the low 2.10 below the 338.00 support after selling off about 7 bucks.

support - 336.00

330.00

resistance - 343.50

347.50

September Corn tested old support in the 391.00 area, then rallied about 14 cents low to high.

support - 401.00

397.50

resistance - 405.00

413.00

September SRW Wheat marked it's low 6.00 cents below the 556.00 support level, after selling off 21 cents.

support - 534.00

523.00

resistance - 562.50

571.00, 580.00

September HRW Wheat marked it's low 4,00 cents below the 567.50 support price, after selling off 17 cents.

support - 567.00

563.00

resistance - 576.00

581.00, 590.00

September Spring Wheat marked the low 5.25 cents below the 606.00 support level, after selling off 19.75 cents high to low.

support - 594.00

586.00

resistance - 606.00

628.00

Sep S&P marked it's low 7 bucks above the 5614 support level, then rallied 85 bucks, past resistance - very volatile - could be a topping out signal. Let's see.

support - 5650

5610

resistance - 5709

5745