Walter Bressert Futures OnLine Using Cycle Trading Patterns to Buy Bottoms & Sell Tops in the Direction of Trend and at Trend Reversals
Wheat Daily
 

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If you draw lines from swing high to swing low to swing high, etc. (remembering that swings do not form inside of big range days), this has been a continued downtrend from the 10/9 high without a single higher swing. This is not unusual for Wheat. The rise from the late August bottom rose into the 10/9 top without a single down swing.

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