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Tech Guy Weekend Comments 11/10/24

Writer's picture: Tech GuyTech Guy

December Crude Oil marked it's low 29 cents above the 69.70 support level, after selling off over 2 bucks from the high to low.

support - 69.70

69.30

resistance - 71.70

72.90


January Soybeans marked the high 4.00 cents above the 1040.00 resistance price, after rallying about 27 cents low to high.

support - 1028.00

1017.00

resistance - 1044.00

1056.00


December Soymeal marked it's high 4 ticks from the 303.00 resistance level, then sold off about 8.50 bucks from high to low.

support - 295.00

293.00

resistance - 302.60

307.00


December Corn marked it's high 3 ticks above the 434.00 resistance price on the USDA data, then sold off about 7 cents from high to low.

support - 428.50

425.00

resistance - 435.00

442.00


December SRW Wheat marked it's high 1.25 cents below the 580.00 resistance level, then sold off about 12 cents from high to low.

support - 570.00

566.50

resistance - 579.00

586.00


December HRW Wheat marked it's low at the 560.00 support price, after selling off about 13 cents high to low.

support - 560.00

556.00

resistance - 573.50

578.00


December Spring Wheat marked it's low 1.50 cents above the 594.00 support point, after selling off about a dime from the high.

support - 594.00

591.50

resistance - 605.00

610.00


December S&P remained well above support in Friday's trade, and marked the high at 6040.50, gaining about 40 bucks for the day.

support - 5989

5950

resistance - 6041

6130

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