Grains Continue Their Advance
Presented by Heartland Investor Capital Management Inc. CTA
Corn:
Market structure supports continued strength
Multi-layered wave counts align toward 468 to 470
Support held on last pullback, confirming trend
Potential Chinese demand or January revisions could fuel move
Soybeans:
Chinese buying drives new fall highs
Wave count targets 1191 to 1200 ahead
Expect fourth-wave pullback before January rally
Spring high possible unless fifth-wave failure develops
Soybean Oil:
One-day spike low preserves wave structure
Wave three recovery underway
Adds support to broader soybean rally
Meal’s exhaustion shifts momentum to oil
Wheat:
Testing 786 retracement resistance
550 remains key breakout level
Close above targets 555 and 200-day moving average
Failure sets up right-shoulder pattern into winter
Cattle:
Five-wave decline complete for wave one
Wave two corrective bounce progressing
Retracement targets 38 to 62 percent range
Long-term top intact into 2026 due to supply factors
Feeder Cattle:
B-wave break confirmed with recovery
C-wave advance targets chart gap near 348
Seasonal strength supporting near-term gains
Bear-market pressure expected to return in 2026
Crude Oil and Diesel:
Diesel rally driven by refinery outages
Cycle points to high near the 20th
Spike-high behavior typical for heating fuel
Expect year-end pullback for better buying opportunities
Provided by:
Eugene Graner,
Heartland Investor Capitol Management, Inc., CTA
(A separate entity from Heartland Investor Services)
Past performance is not indicative of future results. The information contained in this report is intended for informational purposes only and is the opinion of the writer and may change at any time. This information was compiled from sources believed to be reliable to Heartland Investor Capital Management, Inc. but accuracy cannot be and is not guaranteed. There is no warranty, expressed or implied, in regards to this information for any particular purpose. There is SIGNIFICANT RISK of LOSS involved in trading futures and / or options on futures and may not be suitable for all investors. Investors should consider these RISKS and evaluate their suitability based on their financial conditions. No one should ever consider trading futures or options on futures with anything other than RISK CAPITAL. NO LIABILITY on the part of the author exists for any trading loss you may incur in the use of this information. The information contained in this newsletter is privileged, confidential and protected from disclosure. Any further disclosure or use, distribution, dissemination or copying of this message or any attachment is strictly prohibited. Provided by Heartland Investor Capital Management, Inc. a registered CTA with the NFA, of which Eugene Graner is principal. This entity is a separate legal entity from the Introducing Broker Heartland Investor Services.