October Crude Oil marked it's high 22 cents above the 70.10 resistance level, then sold off about 1.50 high to low.
support - 68.85
68.20
resistance - 70.30
71.50, 73.00
November Soybeans marked it's low 1.75 cents below the 1004.00 support level, after selling off about 18 cents from the high.
support - 1004.50
995.00
resistance - 1021.00
1032.00
December Soymeal marked it's low 70 cents below the 321.50 support price, after selling off about 8 bucks high to low.
support - 321.50
317.50
resistance - 327.50
331.00
December Corn marked it's low on the open at 1.25 cents above the 405.00 support level, then rallied about 7 cents low to high, while closing well above the 410.00 resistance - bullish.
support - 410.00
408.00
resistance - 416.50
424.00
December SRW Wheat rallied about 16 cents on the day, closing 3.25 cents above the 592.00 resistance level.
support - 592.00
585.00
resistance - 611.00
624.00
December HRW Wheat finished about 20 cents higher on the day, while closing at the 600.00 resistance price.
support - 594.50
590.00
resistance - 634.00
640.00
December Spring Wheat finished 13.75 cents higher on the day, while closing about 7.00 cents above the 628.50 resistance level.
support - 628.50
622.00
resistance - 646.00
655.00
All the wheats finished at or above resistance levels. This is a bullish setup.
The continuation S&P chart, which has rolled to December, marked a modestly higher day, while trading in between support and resistance.
support - 5665
5639
resistance - 5721
5760
댓글