Walter Bressert Futures OnLine - Cycle Identification

		*Using Cycle Trading Patterns to Buy Bottoms & Sell Tops in the Direction of Trend and at Trend Reversals*

	Soybeans Daily



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Prices have dropped to a 62% retracement and a trading cycle low should be made to the right of the band. Watch for an upturn of the blue double stoc oscillator to signal this bottom, which is most likely to be followed by somewhat higher prices until the trading cycle tops below 515 and begins a decline to test the 449 lows.

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Walter Bressert Futures OnLine
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