Will The 2-Day Recovery Hold?
Presented by Heartland Investor Capital Management Inc. CTA
Corn:
Rally sparked by delayed Mexican tariffs, supporting market optimism.
Strong demand from major buyers amid limited global supply alternatives.
Technical rebound above key moving averages signals bullish sentiment.
Soybeans:
Potential for upward movement with resistance at 1042-1048 levels.
Strong South American basis and currency dynamics influencing market.
Continued closure above 100-day moving average could indicate bullish trend reversal.
Wheat:
Recent rally influenced by cyclical and technical factors, despite bearish sentiments.
Global production concerns in Russia and India driving market optimism.
First-of-the-month low anticipated to support further price adjustments.
Cattle:
Wave count analysis suggests potential for higher prices post wave four correction.
Cash trade dynamics pivotal for short-term price movements.
Technical resistance observed around 196-197 levels may lead to short-term consolidation.
Hogs:
Recent correction viewed as a wave two, setting the stage for a wave one recovery.
Strategic hedging opportunities identified during recent market highs.
Long-term outlook bullish with expectations of prices above 100 in the coming months.
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.