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Writer's pictureTech Guy

Tech Guy Weekend Comments 9/7/24

October Crude Oil marked it's low below the 67.70 support level, but recovered and closed 47 cents above it.

support - 67.50

67.00

resistance - 68.75

70.15


November Soybeans marked their high 2.75 cents above the 1028.50 resistance level, then sold off 25 cents high to low.

support - 1000.00

995.00

resistance - 1019.00

1031.00


December Soymeal marked it's high 2.40 bucks below the 335.00 resistance level, then sold off 8 bucks high to low.

support - 321.00

317.50

resistance - 333.00

335.00


December Corn marked it's low 1.50 cents above the 404.00 support price, after selling off 11 cents.

support - 404.00

402.00

resistance - 412.00

416.00


December SRW Wheat marked it's low 3 ticks below the 566.50 support level, after selling off 14 cents high to low.

support - 565.50

564.00

resistance - 574.00

583.00


December HRW Wheat marked it's low 3.00 cents above the 574.00 support level, after selling off about 15 cents high to low.

support - 574.50

570.00

resistance - 582.00

594.00


December Spring Wheat marked it's low 1.00 cent above the 612.00 support price, after selling off 12.50 cents high to low.

support - 612.00

607.00

resistance - 626.00-627.50

645.00


Sep S&P sold off 108 points on Friday, closing 33 points below the 5436 support level.

support - 5370

5318

resistance - 5440

5472



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