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| Soybeans (S, CBOT) : Heading Towards 1428.25
Normal Lower Limits : 1267.75 - 1304.00 - 1384.25
Lower Mid-Point References : 1419.25 - 1435.50 - 1516.50
Monthly Cycle Pivot Center : 1534.25 - 1603.50 - 1648.75
Upper Mid-Point References : 1649.50 - 1771.25 - 1781.25
Normal Upper Limits : 1764.50 - 1913.50 - 1939.00
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Normal Lower Limits : 969.00 - 1019.25 - 1095.00
Lower Mid-Point References : 1077.25 - 1130.75 - 1197.25
Weekly Cycle Pivot Center : (1185.25) - (1243.00) - (1299.75)
Upper Mid-Point References : 1293.50 - 1355.50 - 1402.00
Normal Upper Limits : 1401.75 - 1468.00 - 1504.50
Soybeans (S, CBOT) : Heading Towards 1428.25
Remarks : The market momentum is strong when it is above the weekly cycle pivot center at (1299.75). Speculative buying interest will increase when the market is able to trade within the weekly cycle normal upper limits at 1401.75 - 1468.00 - 1504.50. As shown in the monthly cycle charts the market is pulling towards the projected chart point at 1428.25.
Soybeans : Monthly Cycle Charts
http://www.qindex.com/soybeans.html
Albert Cheung (Ph.D.)
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