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| Soybeans (CBOT) : Heading Towards 1506.25
Weekly Cycle Pivot Centers : (1407.25) - (1412.25) - (1449.75)
Normal Lower Limits : 1338.25 - 1341.00 - 1380.25
Normal Upper Limits : 1473.25 - 1486.25 - 1519.50
Directional Indicator : 1202.00* - 1228.25 - 1250.50* - 1273.75 - 1300.50 - [1314.25] - 1332.50* - [1366.00] - (1407.25) - (1412.25) - (1449.75) - [1460.75]
Weekly Cycle Projected Series : ... 1341.00 - 1352.00 - 1363.00 - 1368.50 // 1374.00* - 1379.50 - 1385.00 - 1390.50 - 1396.00 - 1401.50 - [1407.25] - 1412.75 - 1418.25* - 1423.75 - 1429.25 - 1434.75 - 1440.25* // 1445.75 - 1451.25 - 1462.25* - 1473.25 ... 1484.25* - 1495.25 - 1506.25*
Weekly Cycle Congested Area : (1285.50 - 1327.75 - 1370.00 - 1412.25 - 1454.05 - 1496.75 - 1539.0)
Remarks : The market momentum is very strong when it is able to close above [1460.75]. The weekly and monthly cycle normal upper limits at 1357.25 - 1388.75 - 1392.25 - 1473.25 - 1486.25 - 1519.50 - 1638.00* - 1679.25* - 1730.00* - [1689.50] - 1797.25] - [1929.50] would serve as references for projected resistant points. The weekly cycle projected series indicates that once the market can overcome the projected resistant barrier at 1473.25 ... 1484.25*, it will head for 1506.25*.
Soybeans : Monthly Cycle Charts
http://www.qindex.com/soybeans.html
Albert Cheung (Ph.D.)
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Soybeans (CBOT) : Heading Towards 1506.25
