The Bears Just Don't See It
Presented by Heartland Investor Capital Management Inc. CTA
Corn:
Exports exceeded expectations
Basis behavior will reveal true supply
China demand remains the key upside risk
Market holding above major technical lows
Soybeans:
Double bottom forming near year lows
200 day moving average remains pivotal
Soybean oil correction could pressure beans
Meal strength needed to sustain rallies
Wheat:
Overnight strength despite tariff threats
Exports near top end of expectations
Weather and geopolitics remain secondary drivers
Cattle:
Screw worm reports weigh on sentiment
Imports rising while exports soften
Key support near 229 on April cattle
Feeders testing critical moving average support
Crude Oil:
Strong reversal higher today
Potential final wave two bounce forming
Broader trend still points lower longer term
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.