OnLine Cycle Analyst's Seminar - Trend and Price Swings- 19

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Prices rising above the blue setup bar formed a weekly swing bottom and confirmed the 20-week cycle bottom and the seasonal bottom at the same time. The week of 11/13 was the 10-week cycle bottom and the downtrend was so strong that prices were unable to rise above the high of that week. "Swingwise", prices have declined for seven weeks without having a swing bottom, and it looks as though this strong downtrend could continue without a swing forming until after the 20-week cycle bottoms. Such a move could offer low-risk sell signals against a previous week's high.