it will show if the bearing are running true,, or if you have a lose wheel,,which i suspect,,,i get my tires balanced,,there are others that say it is a waste,,,a single axles trailer chances are your wheel is loose,,check the play,,hands at 12 and 6 see if you can shake the wheel,,,also it could be the other side,,,
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Bruce's Sprinkler Repair
36 years experience
State Licensed Irrigator
LI0017483
Fishing Texas lakes one at a time