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OnLine Cycle Analyst's Seminar - Cycle Identification - 16

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".

SOYBEANS DAILY
Prices have dropped to a 62% retracement and a trading cycle low should be made to the right of the band. Watch for an upturn of the blue double stoc oscillator to signal this bottom, which is most likely to be followed by somewhat higher prices until the trading cycle tops below 515 and begins a decline to test the 449 lows.

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