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Tech Guy Weekend Comments 11/3/24

Writer's picture: Tech GuyTech Guy

December Crude Oil marked it's low 22 cents above the 69.10 support level, after selling off a bit more than 2 bucks from the high to the low. Friday's high was 71.45 and I'll need to see more trading before knowing if further upside is in the cards.

support - 68.90

68.20

resistance - 71.30

72.00


January Soybeans marked the low 3 ticks above the 988.00 support price, after selling off about 20 cents from high to low.

support - 988.00

980.50

resistance - 1009.00

1013.00


December Soymeal marked it's low 1.20 bucks below the 295.00 support level, after selling off about 7 bucks high to low.

support - 295.00

286.00

resistance - 301.00

303.00


December Corn marked it's low 2 ticks above the 410.00 support price, then rallied 5 cents through the 415.00 resistance level and then closed 1 tick below that 415.00 resistance.

support - 413.00

411.50

resistance - 416.50

419.25


December SRW Wheat marked it's low 1 tick above the 564.00 support level, after selling off 13.5 cents from high to low.

support - 566.00

563.50

resistance - 578.00

582.00


December HRW Wheat marked it's low 2 ticks below the 563.50 support price, after selling off about 12 cents from the 575.00 resistance level.

support - 565.00

562.00

resistance - 575.50

583.00


December Spring Wheat marked it's low 2.00 cents above the 594.00 support level, after selling off 13 cents from high to low.

support - 595.00

589.00

resistance - 610.00

617.00


December S&P marked it's high about 18 bucks below the 5822 resistance price, after rallying 75 bucks from the low.

support - 5752

5724

resistance - 5805

5840

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