Wheat Fulfilling Projected Rallies into Mid-2019; Overall Rally into 2022 Possible!
05-29-19 – “Wheat‘s (and Corn’s) late-April lows fulfilled weekly & monthly cycles and projected an initial surge into June 2019 – that is likely to extend into 3Q 2019, at least in Wheat. Wheat has entered the third phase of this overall advance – since the Sept. 2016 bottom (which has never been violated) – and now has its best chance for an accelerated move higher… in 2019 and potentially 2020. That is precisely when Food Crisis Cycles converge.”
‘Food Crisis Cycles: Wheat’s 7, 17 & 40-Year Cycles’ [July 2016 INSIIDE Track]
06-30-16 – “From a multi-year basis, Wheat is showing just the opposite – that it could be poised for a multi-quarter (and potentially a multi-year) bottom in 3Q 2016… completing a ~4.25 year high-high-(low) Cycle Progression in 3Q 2016. A low in the second half of 2016 (ideally around Sept. 2016) would also be a complete 7-Year Cycle from its Sept. 2009 bottom – the lowest low of the past 8+ years.
Wheat is in the process of retesting that low as it completes a symmetrical ~8.25–8.5 year rally (late-1999–early-2008) followed by an ~8.25–8.5 year decline (early-2008–3Q/4Q 2016) – completing an overall ~17-Year Cycle from the 1999 Major bottom. Ultimately, that could lead to a multi-year advance taking hold in 2017… a precise 40-Year Cycle from Wheat’s 3-year/150% surge of 1977–1980….”
Grains are steadily rallying from major lows forecast for 3Q 2018 – the convergence of multi-year cycles including 1, 2 & 4-Year Cycles in Corn. Corn & Wheat have been projecting strong rallies into May/July 2019 before another pullback. Corn remains focused on future cycles in 3Q ’20 and then in mid-2022 when the 2-Year Cycle portends a future peak (potentially the culmination of Food Crisis Cycles).
Could all of this coincide with the peaking of Drought Cycles in 2021… and the onset of Deluge Cycles in 2022 and beyond? (See discussions in 2015 – 2017 regarding the culmination of Drought and Agricultural Cycles in 2016 – 2021, projected to give way to seismic climatological shifts in 2022 – 2024.)
~11-Year, ~40-Year & ~80-Year Cycles all converge in 2021/2022 and pinpoint the expected transition from one cycle to the next, including projections for a shift of major 40 & 80-Year Cycles of Agriculture (particularly in the US).
That is also when Corn has a corroborating 3-year low (July 2007) – low (Jun 2010) – high (July 2013) – high (June 2016) – high (May/Jun 2019) – high (May/June 2022) Cycle Progression – projecting a 1 – 2 year peak – that would be reinforced by an intervening 6 – 12 month peak in May/June 2019.
Wheat has a ~6-year low (2004) – low (2010) – low (2016) – high (2022) Cycle Progression that is being reinforced by a ~33-month low (3Q 2016) – low (2Q 2019) – high (1Q 2022) Cycle Progression.
Refer to latest Weekly Re-Lay & INSIIDE Track publications for additional details and/or related trading strategies.