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12

28609 28197

27794 27391

26585 26182

25779 25376

24973

24578

D=1282 0=28158 H=28425 L=28iB8 C=28325

Figure 21 On December 2, the high for the range was established at 284.25.



28688

28197 27794 27391 26988 26585 26182 25779 25376 24973 24578

D=1216 0=26925 H=2715B 1=26925 C=27025

Figure 22 On December 16, the low for the range was established at 26925, although at that time it was not really clear that this was a congestion area.



2B688 28197

27794 27391 26988

26585 26182

25779

25376 24973 2457B

D=1228 0=27988 H=27900 1=27409 C=27525

Figure 23 It wasnt until December 28 that the congestion area was fully established, and I could say that Wheat was in a well defined trading range.



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