Corn, Wheat & Cattle Key Levels

Corn, Wheat & Cattle Key Levels

(ZCZ25) (ZWZ25) (LEZ25) 

There are two methods we use at ONE44 to find support and resistance in the markets.

The first are major Gann squares, these are the yellow horizontal lines on the chart.

The second is Fibonacci retracements.

Here are a few basic rules when using the Fibonacci retracements with the ONE44 rules and guidelines.

This is the short version.

A 38.2% level keeps the trend intact and new highs/lows should follow.

A 23.6% level shows the market is extremely strong, or weak.

A 61.8%  level can send the market 61.8% of where it just can from and cause wide swings keeping the market in a trading range.

A 78.6% level can send it 78.6% of where it just came from and even be the end or start of a Bull market.

We have done 45 videos on how to use the Fibonacci retracements with the ONE44 rules and guidelines. These Videos are worth watching even if it is not in the market you are trading, as the ONE44 rules and guidelines are the same for every market. You will also see why we believe the Fibonacci retracements are the underlying structure of ALL markets. This is the latest.

11/13/25

Corn

December

From last week,

The low for the week (426.50) held the 23.6% swing point, but didn't have much of a rally. Without a new high and the small range for the week all the Above/Below targets remain the same.

Use 426.00 as the swing point for the week again.

Below it, holding 426.00 (23.6%) would be a very strong sign and a new high can quickly follow. 

The low for the week was 426.50 keeping the short term trend very strong and the new high followed. The new 23.6% retracement back to the 8/12/25 low at 429.00 will be the key level for the week. The short and Intermediate trends are now positive and we will be looking for the long term swing point.

Use 429.00 as the swing point for the week.

Above it, the short term target area is the 444.00 major Gann square and 61.8% back to the same high at 446.00. The long term target area is 460.75, this is a major Gann square along with 78.6% back to the 2/19/25 high and 464.00 this is 38.2% back to the contract high and the long term swing point.

Below it, the short term target is 38.2% of the same move at 429.50, this is the level that needs to hold to keep the short term trend positive. The longer term target area is 61.8% of the same move at 411.00 and the 406.00 major Gann square.

Wheat

December

From last week,

The dip below the 528.25 major Gann square and swing point for the week held 38.2% at 519.00 and a new high quickly followed. The rally from there hit the short term target area of the 554.00 major Gann square and 38.2% at 557.00 and this will be the key level for the week. Even with the short term trend turning positive we still have to watch the longer term retracements above and getting that close to a 38.2% level can send the market back to test the low. We will be watching 38.2% back to the low to see if the short term trend can stay positive.

Use 557.00 as the swing point for the week.

Below it, the short term target area is 38.2% back to the 10/14/25 low at 531.00 and the 528.25 major Gann square, this is the area that needs to hold to keep the short term trend positive. 

The setback from the 554.00 major Gann square and 38.2% at 557.00 hit the short term target of 38.2% back to the 10/14/25 at 531.00. It had one close below it and then right back above. The rest of the week sat on it and if this is all it can setback from a 38.2% (557.00) of a much bigger range it is a very good sign, so this will be the key level for the week.
 

Use 531.00 as the swing point for the week.
 

Above it, the short term target is 78.6% back to the 11/6/25 high at 549.00. It still needs to take out 557.00 to turn the Intermediate trend positive, when and if this happens you can look for the long term swing point at 598.00, this is 38.2% back to the contract high. The short term target is the 581.25 major Gann square.

Below it, turns the short term trend negative and the short term target is 61.8% back to the 10/14/25 low at 516.25. The longer term target area is 78.6% of the same move at 505.50 and the 499.75 major Gann square.

Livestock

Cattle

December

From last week,

The high for the week was 232.97 and the failure to get above 38.2% kept the short term trend negative and it sent it down $14.00 to the long term swing point and major Gann square at 218.88 and this will be the key level for the week. Holding this area keeps the long term trend positive and a good run at the highs can follow, as always we will watch all the retracements above to see just how strong, or weak the market is. Failing to hold 38.2% can send it to 61.8% of the same move.

Use 218.88 as the swing point for the week.

Above it, holding the long term swing point can send this market on a good run back to the highs and the longer term target area is the 241.07 major Gann square and 78.6% back to the 10/16/25 high at 241.90. The short term target is 38.2% back to the same high at 229.40, if this is all it can rally from the long term swing point it is a negative sign. 

Cattle have had some amazing swings to say the least from 38.2% retracements. After coming off from a 38.2% level at 232.85 it hit the long term target and swing point at 218.88, this was also a major Gann square, it then became the swing point for last week and the rally from it hit 38.2% back to the contract high at 229.40, as we pointed out last week,  "if this is all it can rally from the long term swing point it is a negative sign".  The break from there hit the long term swing point again at 218.88 and this will be the key level for the week again. It can trade below this level since it already rallied from it before, but the close needs to back above it to keep the long term trend positive.

Use 218.88 as the swing point for the week again.

Above it, the short term target will be 38.2% back to the 10/16/25 high again at 229.40, a new low will lower this level and you will have to retrace it to the 10/16/25 high. The longer term target is the 233.66 major Gann square. The long term target area is the 241.07 major Gann square and 78.6% back to the same high at 241.90. Any rally that can't get above the 226.02 major Gann square is a very negative sign and a new low can quickly follow.
 

Below it, turns the long term trend negative and the long term target is 61.8% back to the contract low at 201.50. Before then there are major Gann squares to look for support and then use as the swing point when closed below at 211.60 and 204.62.

ONE44 Analytics where the analysis is concise and to the point

Our goal is to not only give you actionable information, but to help you understand why we think this is happening based on pure price analysis with Fibonacci retracements, that we believe are the underlying structure of all markets and Gann squares.

If you like this type of analysis and trade the Grain/Livestock futures you can become a Premium Member.

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