Intervals of Gann’s 45-Year Cycle in soybeans and corn peaked and turned down on July 11th.
The questions now are, “How long will the current declines last?” “How far down is down?”
I have put together a video that wastes no time in answering these two questions. The video discusses two cycles that will likely mark the end of the current weakness. Traders and producers should be prepared for these cycle bottoms.
July is a crucial time in the corn and soybean markets. At Harmonic Timing’s 2017 Forecast Presentation last December three dominant cycles were projected for July 2017. These dominant cycles are intervals of the 45-Year Cycle, the 20-Year Cycle, and the 14-Year Cycle
This year both traders and producers must be alert for opportunities. July will be one of those times.
It has been a tough year for producers and traders of soybeans and corn. Soybeans have persistently declined since their highs in February and March. Now, it appears they may want to test their low of May 31st at $9.15 ½ in November beans.
December corn has been trading sideways with a bullish bias since August 2016. Sideways markets are the most difficult markets to mentally deal with.
Because I believe our proprietary cycle analysis and our technical tools can help you increase your profitability in the months ahead, you are encouraged to view this important video
Since mid-January soybeans and corn have been hammered! Will it continue? Or were the lows of April 11th signs there could be a rally to a summer high?
Now it is time to be watchful of the current position of these two commodities. What do our cycles indicate? What do Weekly Momentum Measurements indicate? What can we learn from the unfolding behavior of the consummate insiders, the Commercial-Hedgers? Contrary opinion of market sentiment is a powerful tool. See what it is telling us at this time!
The 84-Year Cycle has bottomed and turned UP. There is a Cycle Turn Window of a strong and reliable cycle that has a Cycle Turn Window projected for now through the end of March. These cycles are shouting at us that changes in soybeans and corn are in the wind.
Ernie Quigley uses Gann's Cycles, price projections and technical tools to pinpoint probable turning points so you can buy the lows and sell the highs.
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