Resistance Levels for Wheat

Discussion in 'Commodity Futures' started by aidaweb01, Sep 12, 2007.

  1. Time is more important than price in this case. Sure 946 is a Fib extension but forecasting a top PRICE in a bull market like this is useless. Greed always has more standard deviation than FEAR.

    The Top in Wheat IS IN!!!!!

    Weekly Cycles and Momentum Forecasted this rally 6 months ago. I sent the forecast out April 3 that Wheat would rally into OCT. Daily confirmed a the high 2 days ago. So all postitions should be flat with my method and after a fib rally sell the break of momentum. Monthly and Weekly Cycles have topped. This weekend the calculated momentum will give the trigger for a weekly confirm of the high and subsequent weekly signal.

    You can see documentation of the method at my site. With a few videos from this weekend on Corn and Coffee.

    www.cyclesurfer.com
     
    #11     Oct 10, 2007