Abstract: A wheel balancing tool having a support cable that partially extends into a hollow shaft to a suspension point coincident with the tube axis, two wheel adapters threaded onto the tube, and an annular magnifying indicator attached to the cable juxtaposed an indicator plate attached to the tube, the suspension point adjustable within the tube by means of a rod having an end portion extending into the tube to define the suspension point and a stop means attached to the rod for adjusting entry of the rod into the tube.