OnLine Cycle Analyst's Seminar - Cycle Identification - 13

Viewing Instructions:
Click on the Real Media Audio link below to begin; click Next to go to next chart. Before clicking on the audio link, allow the chart to fully load. If the charts do not download completely, right mouse click and choose "refresh".

Prices are dropping into a 19-week cycle bottom as indicated by the red timing band at the bottom of the chart. Watch for a test of 489 with a possible drop to test the 472 level as this cycle bottoms. The most recent trading cycle bottom is indicated by the uparrow. It bottomed with the red timing band. Prices moved higher to make a trading cycle top within the green timing band indicated by the red down arrow.