OnLine Cycle Analyst's Seminar - Cycle Identification - 17

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WHEAT WEEKLY
The seasonal top is normally in place by March and the Crop Report stopped this upmove. The low close for the week turned the 5DS down indicating prices are likely to move lower for several weeks. This would turn the blue double stoc down as well. Our guesstimate is prices are moving sideways to lower into the June/July seasonal bottom.