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Probability is good. Wheat formed a daily double-top high today at the end of the current time/price square. It is at this point in time where turns are more probable than any other time. (see daily chart below).
In addition, Wheat is due this week to form a weekly swing top. Briefly anyway since the next weekly swing due is right on its rear.
As for daily cycles, the turn was due for 3/3 (tomorrow). So we're looking at a day early here if the high holds and prices decline.
cheers!
Rick
