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OnLine Cycle Analyst's Seminar - Trend and Price Swings- 22

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 WEEKLY
Wheat has an 18-week cycle that bottomed with the seasonal. The recent purple setup bar occurred at the one-half 9-week cycle bottom, which was also a swing low. Wheat is such a directional market that it would not be unusual for prices to continue straight down without forming a swing low until the weekly cycle bottoms.

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