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OnLine Cycle Analyst's Seminar - Trend and Price Swings- 21

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".

WHEAT MONTHLY
Although you can't tell on this chart, which shows 4 1/2-year cycle bottoms, the swings work as well for determining trend as with Corn and Beans. Prices have dropped below the November low to confirm a swing top indicating the seasonal cycle may have topped in October. If so, look for sideways to lower prices into the spring.

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