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Tech Guy Weekend Comments 9/21/24

November Crude Oil marked it's low 33 cents below the 70.70 support level, then rallied a little over a dollar, low to high.

support - 70.70

70.15

resistance - 72.00

73.00


November Soybeans broke support by 5.75 cents, but recovered to close 6.50 cents above that 1007.00 mark.

support - 1006.25

1001.00

resistance - 1022.00

1032.00


December Soymeal marked it's low 1.80 bucks below the 317.50 support price, after selling off about 8 bucks from high to low.

support - 319.00

315.50

resistance - 324.50

327.00


December Corn marked it's low 1.00 cent below the 402.50 support price, after selling off about 5.50 cents.

support - 400.50

397.00

resistance - 408.50

415.00


December SRW Wheat marked it's low 1.25 cents above the 564.00 support right on the open, then rallied a bit over a dime, low to high.

support - 566.25

562.00

resistance - 576.00

583.50


December HRW Wheat marked it's low 2.75 cents below the 564.00 support level, after selling off about 13 cents high to low.

support - 560.50

556.00

resistance - 574.00

580.00


December Spring Wheat traded a small range day of 8.50 cents, remaining between support and resistance.

support - 606.00

603.00

resistance - 615.00

626.00


December S&P marked it's low about 3 bucks below the 5756 support price, after selling off about 42 bucks from the high on the open.

support - 5728

5697

resistance - 5780

5800



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