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| Wheat (W, CBOT) : Heading Towards 1201
Weekly Cycle Pivot Centers : (1047.75) - (1064.50) - (1129.00)
Normal Lower Limits : 902.50 - 903.25 - 977.00
Normal Upper Limits : 1193.00 - 1225.50 - 1281.00
Monthly Cycle Normal Upper Limits : 1085.50 - 1096.75 - 1100.50* - 1106.75* - 1136.75 - 1175.75* - [1201.00] - [1207.00] - [1229.25]
Significant Barriers are Located at 1136.75 - 1175.75* - [1201.00] - [1229.25]
Weekly Cycle Projected Series : ... 977.00 - 1002.25 - 1027.75 - 1040.50 // 1053.00* - 1065.75 - 1078.50 - 1091.00 - 1103.75 - 1116.50 - [1129.00] - 1141.75 - 1154.50* - 1167.00 - 1179.75 - 1192.50 - 1205.00* // 1217.75 - 1230.50 - 1255.75* - 1281.00 ... 1306.50* - 1331.75 - 1357.00*
Weekly Cycle Congested Area : (868.50 - 955.25 - 1042.25 - 1129.00 - 1216.00 - 1302.75 - 1389.75)
Remarks : As shown in the weekly cycle projected series the market is heading towards the upper barrier at 1205.00* // 1217.75. It is likely that the market is going to tackle the barriers at [1201.00] - [1229.25].
Wheat : Monthly Cycle Charts
http://www.qindex.com/wheat.html
Albert Cheung (Ph.D.)
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Wheat (W, CBOT) : Heading Towards 1201
