Written by:
Patrick Mikula CTA
Mikula Forecasting Company
www.MikulaForecasting.com
support@MikulaForecasting.com
Copyright © 2009 by Patrick Mikula All Rights Reserved
The chart below shows the current September 2009 wheat prices. On this chart I have added MarketWarrior’s Mirror Cycle indicator. I have adjusted the starting point to a place where several turning points line up with the wheat market. The Mirror Cycle must line up with several turning points before it is used. These turning points are labeled A, B, C, D and E. The Mirror Cycle now forecasts a decline in wheat to the end of June and a turning point in early July. Then there is a choppy upward market to mid August. Finally the forecast shows a strong upward move starting in mid August.
Mirror Cycle Forecast
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