Tech Guy Weekend Comments 9/27/25

November Crude Oil marked it's high price 37 cents above the 66.05 resistance level, in what appears to be a blow off high. 66.00 to 66.50 is the high of a big trading channel.

support - 64.65, 64.00

resistance - 66.45, 66.73, 67.75

November Soybeans marked the low print 2.00 cents above the 1008.00 support price, then rallied only 7.00 cents, remaining below resistance.

support - 1008.50, 1004.50

resistance - 1020.00, 1025.50

December Corn marked its low in between the 3.50 cent range of the 2 stated support numbers, after selling off about 5.50 cents from the high to the low price.

support - 419.50-418.00, 416.50

resistance - 426.00, 429.00

December SRW Wheat marked its low 3 ticks above the 518.00 support level, after selling off about 9.25 cents from the open/high to the low print.

support - 518.00, 512.00

resistance - 528.00, 536.00

December HRW Wheat marked its low 1.00 penny below the 505.50 support number, after selling down about 9.50 cents from the high/open price to the low.

support - 504.00, 499.00

resistance - 514.00, 519.00

December Spring Wheat marked its low 2.50 cents below the 568.00 support price, after selling off 7.50 cents from the high to the low.

support - 565.50, 562.00

resistance - 574.00, 578.00

Nebraska:

The State of Nebraska passed the Nebraska Test Act in 1919, which mandated all tractor models sold in Nebraska to be tested to verify the claims of the manufacturer. The University of Nebraska formed the Nebraska Tractor Test Laboratory (NTTL) and began testing and evaluating all aspects of farm tractors in 1920 and continue to do so to this day. The first tractor tested was on 9 April 1920 and it was a Waterloo Boy Model N.

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