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Writer's pictureTech Guy

Tech Guy Weekend Comments 9/28/24

November Crude Oil rallied almost a dollar on the day, marking it's high 11 cents beneath the 68.75 resistance level.

support - 68.10

67.20

resistance - 68.80

69.80


November Soybeans marked the low 3.75 cents below the 1038 support price, then rallied 34 cents low to high.

support - 1058.00

1049.00

resistance - 1083.00

1099.50


December Soymeal marked it's low 1 tick above the 325.00 support level, then rallied 20 bucks to much above resistance. Looks like a solid breakout higher.

support - 341.50

336.00

resistance - 348.00

358.00


December Corn rallied 4.25 cents on the day and marked it's high 1 tick below the beginning of resistance at 420.00. A close above 424.00 is a solid breakout.

support - 415.50

412.00

resistance - 424.00

438.00


December SRW Wheat marked it's low 1.50 cents above the 574.00 support price, after selling off about 8 cents.

support - 578.00

575.00

resistance - 584.00

599.00


December HRW Wheat marked it's low 1 tick below the 571.00 support level, then rallied almost 8 cents.

support - 573.50

570.50

resistance - 580.00

591.00


December Spring Wheat sold off 3.25 cents for the day and marked it's low 1 tick above the 606.00 support price.

support - 605.00-606.00

592.00

resistance - 615.00

624.50


December S&P marked it's low 1 dollar below the 5783 support price, after selling off about 39 bucks from the high.

support - 5777

5767

resistance - 5805

5821




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