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OnLine Cycle Analyst's Seminar - Cycle Identification - 11

Viewing Instructions:
Click on the Real Media Audio link below to begin; click Next to go to next chart. Before clicking on the audio link, allow the chart to fully load. If the charts do not download completely, right mouse click and choose "refresh".

TBONDS WEEKLY
Prices have made new lows, the 5DS oscillator has turned down, and it looks like it could drop for another week or two, and prices are in the timing band for a weekly cycle bottom. The 118 price objective is derived from the "B" high, the descending triange. It is the same distance below the support line as "B" was above it. Prices don't always reach the exact price level, and a guideline is to use plus or minus the total distance from "B" to 118, which is approximately 1.3 points. We will watch for this low to occur between 119-10 and 118.

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