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OnLine Cycle Analyst's Seminar - Trend and Price Swings- 17

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
In this January Bean chart, a daily setup bar is also the swing low and a drop below 577 will complete a swing reversal confirming the daily trading cycle top (and on the weekly chart, the weekly cycle top) and is likely to be followed by a drop below the trading cycle bottom at 567 before a swing low is formed. The next swing low is likely to be a 10-day cycle bottom, and the swing high that follows it is likely to be the high of the second 10-day cycle.

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