Soybeans on Track for Major Peak in February 2011!
Sharp Drop into March Possible...

01/29/11 INSIIDE Track:
   "Soybeans, Corn & Wheat remain bullish - on a 1-2 year basis and also on a 3-6 month basis.  They (Wheat, in particular) are still expected to set an important low in March 2011 - the next phase of a 39-40 week (9-month) cycle that has been in place since early-2008.  However, the latest rally casts some doubt over whether that would be a multi-month low.

   Grains would have to see very sharp, 4-6 week declines (similar to what Cotton did in November, dropping 25-30% in a few weeks) in order to usher in the potential for an intra-year low.  In addition, Soybeans are completing an intriguing 27-month low-low-(high) Cycle Progression that argues for a peak in February 2011.

   A top in February would also create a unique relationship between the three major advances of the past 9 years.  The first lasted 27 months - from January 2002 into April 2004.  The second lasted 44 months (1.618 x 27 months) from November 2004 into July 2008.  The third would last 27 months (equal the original advance and .618 times the second advance) if it peaks in February 2011."

Soybeans/Corn/Wheat Remain Bullish;
Surge into Late-November/December Likely

10/29/10 INSIIDE Track:
   "Soybeans, Corn & Wheat are giving positive signs after Wheat declined into early-October - when a 4-month cycle projected another (higher) bottom - while Soybeans surged AND pulled back into the next phase of their 17-week Cycle Progression (September 27--October 1, 2010).  The outlook - based on the intra-year trends and reversal patterns & a consistent 12-week cycle in Corn - project another peak for December 2010.  However, Wheat is unfolding in what could be a larger-degree advance with the potential to extend beyond December... even though an intermediate peak is still likely in the next 4-5 weeks.

   This is due to the 39-40 week (9-month) cycle that has governed Wheat since early-2008.  Wheat set its 3 multi-month bottoms in early-Dec. '08, early-Sept. '09 & early-June '10.  The next phase of this cycle is early-March '11... If Wheat follows a normal pattern and rallies for .618 of this cycle (about 24 weeks) it would initially top in late-November 2010.  This is corroborated by the potential for successive (intermediate) rallies of equal magnitude (57 days) that would reach fruition on November 30th."

Soybeans/Corn/Wheat Reaffirm Cycles!
4-Month Cycle Projects Intervening Low in early-October

08/31/10 INSIIDE Track:
           "Soybeans, Corn & Wheat remain strong after fulfilling 3-6 month and 6-12 month expectations for a decline into - and bottom during - May/June 2010.  The bottom in early-June completed multiple weekly, monthly & yearly cycles - in all three grains - and triggered a dramatic surge since then.

   During the early-June cycle low, Soybeans also perpetuated a 4-month cycle (June '09 peak, followed by lows in early-October '09, early-February '10 & early-June '10) that projects another important bottom in early-October 2010.  This creates a corresponding 17-week high-low-low-low Cycle Progression that aligns during the week of September 27--October 1, 2010.  Corn is currently approaching its most important level of intra-year resistance - at 449.0/CZ (the early-January 2010 peak).  It would take a weekly close above this level to signal any new strength."

Soybeans/Corn/Wheat Confirm Cycle Lows!
June 2010 Bottom Projects Focus to Early-2011

07/15/10 INSIIDE Track:
   "Soybeans, Corn & Wheat fulfilled 3-6 month and 6-12 month expectations for a decline into May/June 2010.  They bottomed in early-June, completing a 360-degree move from the early-June 2009 peak (and a 540-degree move from the early-December 2008 bottom).  Soybeans also perpetuated a 4-month cycle that has created intervening lows in early-October '09 & early-February '10.  Combined with the June '09 peak, this creates a 17-week high-low-low-low Cycle Progression that next aligns during the week of September 27--October 1, 2010... when another low would be most likely.

   Corn had a corroborating 50-week high-high-low Cycle Progression AND a 39-week/9-month/270-degree low-low-low Cycle Progression that also helped pinpoint the June 1 - 4, 2010 lows.  If the bottom of June 2010 holds, it would perpetuate a 17-19 month low-low-low-low Cycle Progression, a 9-month low-low-low Cycle Progression and a 12-month high-high-low Cycle Progression.  While the weekly trend has already turned up in Wheat, it cannot do the same in Soybeans or Corn until July 23rd.  Combined with a 90-degree move from the April 21st peak, this makes next week (July 19--23rd) a probable time for an initial peak.  Soybeans & Corn also remain in intra-year downtrends and need weekly closes above 993.0/SX & 440.75/CZ to neutralize them.

   This intra-year resitance - which extends up to 1035.0/SX - could have a profound impact on what to expect in Soybeans between now and the first half of 2011.

   That is when a myriad of longer-term/monthly cycles come into play.  For example, Soybeans set major lows in Dec. 2001--Feb. 2002 & Aug./Sept. 2006, 54--57 months apart.  A similar 54--57 month move points to Feb. - June 2011 as a decisive time...

   More recently, Soybeans set lows in Aug./Sept. 2006 & then in Dec. 2008, 27--28 months apart.  The Dec. 2008 low + 27-28 months = March/April 2011.

   After the Dec. 2008 low, Soybeans set another low in Jan./Feb. 2010 - 13-14 months later.  An additional 13-14 months - from the Jan/Feb. 2010 low - points to Feb.--April 2011.

   And, then there is the 11 month low-low-low-low-high-high-high (off by 10 days, peaking in late-April 2010 instead of May 2010) Cycle Progression that next comes into play during March/April 2011"

Soybeans/Corn/Wheat Fulfill Cycle Lows!
June 1--4th Bottom Completes 6-12 Month Declines

06/26/10 INSIIDE Track:
   "Soybeans, Corn & Wheat fulfilled 3-6 month and 6-12 month expectations for a decline into May/June 2010.  They bottomed in early-June, completing a 360-degree move from the early-June 2009 peak (and a 540-degree move from the early-December 2008 bottom).

   Soybeans also perpetuated a 4-month cycle that has created intervening lows in early-October '09 & early-February '10.  Combined with the June '09 peak, this creates a 17-week high-low-low-low Cycle Progression that next aligns during the week of September 27--October 1, 2010.

   Corn had a corroborating 50-week high-high-low Cycle Progression AND a 39-week/9-month/270-degree low-low-low Cycle Progression that also helped pinpoint the June 1 - 4, 2010 lows.  If the bottom of June 2010 holds, it would perpetuate a 17-19 month low-low-low-low Cycle Progression, a 9-month low-low-low Cycle Progression and a 12-month high-high-low Cycle Progression."

Soybeans/Corn/Wheat Cycles Bottoming!
June 2010 = Crucial Cycle Low

05/31/10 INSIIDE Track:
   "Soybeans, Corn & Wheat are fulfilling 3-6 month and 6-12 month expectations for a decline into May/June 2010.  A bottom in early-June would complete a 360-degree move from the early-June 2009 peak (and a 540-degree move from the early-December 2008 bottom).

   It would also perpetuate a 4-month cycle that has created intervening lows in early-October '09 & early-February '10.  Combined with the June '09 peak, this creates a 17-week high-low-low-(low) Cycle Progression that aligns during the coming week of June 1 - 4, 2010...

   Corn has a corroborating 50-week high-high-(low) Cycle Progression (connecting its June '08 major peak and June '09 intervening peak) AND a 39-week/9-month/270-degree low-low-(low) Cycle Progression that come into play during this week (June 1 - 4, 2010) as well.  A spike below 300.0/C is still possible, but would likely not occur during the coming week.

   Corn also has larger (monthly) cycles that come into play during the month of June 2010.  For starters, there is a 17-19 month low-low-low-(low) Cycle Progression that comes into play at this time.  There is also a 9-month low-low-(low) Cycle Progression aligning in June 2010.

   And, Corn has a 12-month cycle coming into play in June 2010.  It has set important highs in June 2007, June 2008 & June 2009.  The '08 & '09 highs were descending peaks, setting up a 12-month high-high-(low) Cycle Progression that reaches fruition in June 2010.  All of this could another layer of reinforcement to the longer-term outlook for an advance into 2012/2013, when long-term cycles culminate...

   Corn has set major highs on an 8-year basis, peaking in 1980, 1988, 1996 & 2004.  The next anticipated peak is in 2012.

   This 8-year cycle has broken down into a 4-year cycle, creating a peak in 1984 (that held for 11 years) a low in 1992 (that held for 6 years), a low in 2000 (that has held for 9+ years) and a high in 2008 (overlapping the highs in 1980, 1988, 1996 & 2004).  So, on a 4-year basis, Corn has seen a high-high-high-low-high-low-high-high Cycle Sequence.  This projects another peak for 2012.

   This 4-year cycle could produce an intervening bottom in mid-2010.  This potential is corroborated by a 4.5 year cycle between two major lows.  Corn set a bottom in June 2001, from which it rallied for almost 3 years.  It set another bottom in December 2005, from which it catapulted higher for 2.5 years.  This 54-month low-low cycle comes into play in June 2010 and could pinpoint another bottom."

Soybeans/Corn/Wheat Cycles Converge in June 2010
June 1--4th = Greatest Synergy of Cycle Lows!

04/29/10 INSIIDE Track:
   "Soybeans, Corn & Wheat maintain the potential for a decline into May/June 2010 - the next phase of both an 11-month and a 22-month Cycle Progression in Soybeans.  A Soybean low in May 2010 would also create a 7-month low-low-low Cycle Progression.  It would also complete a 50% retracement (in time) of the preceding 44-month advance, a 22-month low-high-low Cycle Sequence, an 11-month high-high-low Cycle Progression, a 1/.618 low-low-low Cycle Progression and a 24-25 week high-high-low Cycle Progression (50% of the 11-month high-high-low Cycle Progression).

   There are, however, some overlapping cycles that argue for Soybeans to stretch a low into early-June 2010.  For starters, a bottom at that time would complete a 360-degree move from the early-June 2009 peak (and a 540-degree move from the early-December 2008 bottom).

   It would also perpetuate a 4-month cycle that has created intervening lows in early-October '09 & early-February '10.  Combined with the June '09 peak, this creates a 17-week high-low-low-(low) Cycle Progression that aligns during the week of June 1 - 4, 2010.  At the very least, this (expected) decline should take Soybeans back to their October '09 lows before a multi-year bottom is likely.

   Corn has a corroborating 50-week high-high-(low) Cycle Progression (connecting its June '08 major peak and June '09 intervening peak) AND a 39-week/9-month/270-degree low-low-(low) Cycle Progression that come into play on May 24 - 28 and June 1 - 4, 2010.  A spike below 300.0/C is possible by then.

   Meanwhile, Wheat has a 40-week high-low-low-(low) Cycle Progression that could produce a bottom a couple weeks later - on June 14 - 18, 2010."

Corn/Wheat Cycles Argue for June 2010 Bottom
More Intervening Downside Likely...

01/29/10 INSIIDE Track:
   "Soybeans, Corn & Wheat maintain the potential for a decline May/June 2010 - the next phase of both an 11-month and a 22-month Cycle Progression in Soybeans.  It would also create a 7-month low-low-low Cycle Progression that currently connects the lows of March 2009 & October 2009.  The next phase is May 2010.

   Since Soybeans remained below their June 2009 peak AND turned their weekly trend back down, it confirms that this was a 'B' wave peak with a 'C' wave decline now unfolding (the 'B' wave rally developed in a very orderly 3-wave advance - which is indicative of a corrective wave - reinforcing this conclusion)...

   Corn has corroborated the outlook in Soybeans by turning its weekly trend to down after creating a double-top.  This increases the potential for another bottom during the next phase of its 13-week/90-degree low-low-high-low-low-(low) Cycle Sequence (that has been intact since its early-December 2008 bottom).  This one comes into play in early-to-mid-March 2010 and also includes a 180-degree low-low-low Cycle Progression.

   Wheat fulfilled analysis from last issue by setting a secondary high during the first week of January, when a 7-week low-high-high Cycle Progression came into play.  The next phase is in late-February.  However, Wheat has an intervening/overlapping 7-week low-low-low-low Cycle Progression coming into play during the week of February 1 - 5th.  So, an initial bottom could be seen in all the grains next week."

Soybeans/Grains Projecting Declines into May 2010
6-12 Month Bottom Possible in May 2010...

12/04/09 INSIIDE Track:
   "From a 6-12 month perspective, the action of the last 1-2 months is beginning to alter the overall outlook.  May 2010 - the next phase of both an 11-month and a 22-month Cycle Progression - could see an important low, instead of a high.  This is due largely in part to price action and the inability of Soybeans to break out above their mid-August highs or to convincingly close above their early-January 2009 peak (1053.0/SF & 1046.0/SH).

   If Soybeans remain below their June 2009 peak, it will be indicative of a 'B' wave peak with a 'C' wave decline still to come (this 'B' wave rally has, so far, unfolded in a very orderly 3-wave advance, which is also indicative of a corrective wave - not an impulse one).  This 'C' wave decline - which would not be signaled until the weekly trend turns down - could last into May 2010.

   A bottom in May 2010 would complete a 50% retracement in time - of the preceding 44-month advance, a 22-month low-high-low Cycle Sequence, an 11-month high-high-low Cycle Progression, a 1/.618 low-low-low Cycle Progression (Sept. '06 low-Dec. '08 low-May '10 low) and - if the developing high remains intact - a 24-25 week high-high-low Cycle Progression (which is 50% of the 11-month high-high-low Cycle Progression).

   As for the next 1-2 months, Soybeans have set daily closing lows on the 5th or 6th of November, October & September with a preceding closing high on August 5th.  This 30-degree cycle could create another extreme on Dec. 4th or 7th, but I am now focusing more on early-January for an important turning point.  If Soybeans turn their daily trend to down - with a daily close below 1039.0/SH - it would project a drop into the first few days of January that could include a spike below 900.0/SH.  This would also complete a 90-degree low-low-low Cycle Progression and a .618 retracement in time (of the recent, 56-day advance).

   Corn created a very precise, 21-week high-high-high Cycle Progression when it topped in late-October.  The next phase is in mid-March and could produce a bottom.  Corn remains in an intra-year downtrend (the intra-year high was set in early-January and retested in early-June) and has had a 13-week/90-degree low-low-high-low Cycle Sequence since its early-December 2008 bottom.  The next phase comes into play now, with a more synergetic phase (that also includes a 180-degree low-low-low Cycle Progression) in early-to-mid-March 2010.  All things considered, this argues for a new 2-3 month decline.

   Wheat is similar to Corn with intra-year highs in early-Jan. & early-June '09 and a recent rebound that only retraced 50% of the June - October decline.  As a result, a new decline is becoming very likely."

 01/06/10 INSIIDE Track:
   "Soybeans, Corn & Wheat maintain the potential for a decline during the first 4-5 months of 2010.  This could lead them lower into May 2010 - the next phase of both an 11-month and a 22-month Cycle Progression.  It would also create a 7-month low-low-low Cycle Progression that currently connects the lows of March 2009 & October 2009.  The next phase is May 2010.

   If Soybeans remain below their June 2009 peak, it will be indicative of a 'B' wave peak with a 'C' wave decline still to come (this 'B' wave rally has, so far, unfolded in a very orderly 3-wave advance, which is also indicative of a corrective wave - not an impulse one).  This 'C' wave decline - which would not be signaled until the weekly trend turns down - could last into May 2010... This would represent a 50% retracement (in time) of the preceding 44-month advance, a 22-month low-high-low Cycle Sequence, an 11-month high-high-low Cycle Progression, a 1/.618 low-low-low Cycle Progression (Sept. '06 low - Dec. '08 low - May '10 low) and - if the Dec. 1st high remains intact - a 24-25 week high-high-low Cycle Progression (which is 50% of the 11-month high-high-low Cycle Progression)."