Cycle Trading

Oil

I want to look at the monthly oil chart.

Oil so far has peaked on month 4 and then declined and is currently in the third straight month of decline.
We need to consider that the yearly cycle may have peaked in February and now oil is seeking out its yearly cycle low.

The CRB

The CRB daily cycle is on the threshold for the timing band for a daily cycle low.

We also see that the intermediate cycle is on the threshold for the timing band for a weekly cycle low.

The question I am trying to resolve is the yearly cycle.

December possesses a swing low and is in the timing band for a yearly low.
It even looks like a yearly low.
But there is no declining trend line break normally associated with a new cycle.
If December is not the yearly low, then May is month 14 and overdue for a yearly low.
Since the daily and weekly cycles appear to be on the threshold of new cycles, I expect the yearly cycle will be resolved once these new lesser cycles begin.

So for now, we await the …