Weekly Update on Grain and Livestock Markets

We’re sharing this week’s update a bit earlier, probably because of a significant surge in the grain market coupled with a notable downturn in livestock. It’s interesting to see how these markets shift, isn’t it? We will be monitoring the lower retracement closely; I’m curious if this signals the beginning of a new bull market in grains, while also keeping an eye on whether we hit a long-term peak in livestock prices.

Charts play a vital role in this analysis.

At ONE44, we employ two primary methods to identify market support and resistance points. The first method incorporates the major Gann square, showcased as the yellow horizontal line on our charts. The second involves Fibonacci retracement levels.

When utilizing Fibonacci retracements, I’d like to share some essential guidelines we follow at ONE44.

Here’s a brief overview:

• The 38.2% level tends to maintain the trend, indicating that new highs or lows will likely emerge.
• A 23.6% level suggests a very strong or weak market condition.
• At the 61.8% level, we might see a rise to 61.8% of its potential range, possibly causing significant swings that keep the market within its trading boundaries.
• Reaching a 78.6% level could signify the end or beginning of a bull market.

We’ve even produced 45 videos detailing how to use Fibonacci retracements based on ONE44 guidelines. These insights are generally applicable across various markets, so even if you’re trading a different market, the videos may provide value. You can see why we believe that Fibonacci retracements are fundamental to understanding market structures. Check out the latest one.

November Soybeans

This week’s rally has finally exceeded the 10-month trading range between the major Gann squares, noted at 961.25 and 1057.50. Now, our attention shifts to the retracement to verify if this breakout holds true or if we’ll revert back into the previous trading range. Ideally, I hope it remains above the key Gann square of 1057.50, which will serve as a critical level this week. It’d be great to spot long-term swing points during this time.

This week’s pivotal swing point is set at 1057.50.

If we manage to break above that, we can trace back to the low on December 19, 2024, and check if this rally has the momentum to continue. Additional support at the 1057.50 level should yield a 23.6% return to its low at 1060.00. According to ONE44’s 23.6% rule, a strong market typically doesn’t exceed a 23.6% retracement. In the near term…

The immediate target area lies around the major Gann square at 1102.25, which represents a 38.2% return to the contract high of 1108.00, pushing this level out of the intermediate zone.

Corn

The price closed just below 426.50 but bounced back above it the following day, shifting the intermediate trend to positive. This week, we’re looking for new highs while also retracing back to the lows observed on August 12, 2025, to assess if this trend holds. The most crucial retracement to maintain is set at 23.6% around 426.00, which will be paramount this week.

We’re designating 426.00 as our swing point for the week.

If we climb above that, the short-term target area lies at the major Gann square of 444.00, correlating to a 61.8% return to the prior high of 446.00.

Holding at 426.00 (23.6%) represents astrong signal and could indicate new highs are on the horizon. Short-term objectives are…

Wheat

This week brought some positive news for wheat, as it closed above the short-term target area of 522.00 and the main Gann Square at 528.25. This marks a key level for the current week.

We’re setting 528.25 as this week’s swing point.

If we soar above that, the immediate target area would be the major Gann square at 554.00, marking a 38.2% retracement to the high from February 19, 2025, set at 557.00. Meanwhile, the long-term target stands at a 38.2% return to the contract high of 598.00. Should prices pull back 38.2% to June 20, 2025, high at 540.00 and drop below 528.25, we could swiftly return to lower price levels.

Beneath that, the 38.2% retracement offers a narrow range for setting short-term targets; however, sustaining at 519.00 would preserve a positive short-term trend and could lead to new highs soon. The more it persists…

Insights from ONE44 Analytics

Our aim is to provide clear, actionable insights while helping you grasp the rationale behind these movements based on pure price analysis through Fibonacci retracements. It’s fascinating how we perceive the underlying structure of all markets along with Gann Square.

If this type of analysis captures your interest and you’re looking to engage in the grain and livestock futures trade, consider becoming a premium member.

You can follow us on YouTube for more demonstrations on employing Fibonacci retracements alongside ONE44’s rules and guidelines.

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Note: Futures trading carries significant risk and may not be suitable for all investors. Losses can exceed your initial investment. Hypothetical performance results have limitations and may not reflect actual trading outcomes.