Cycles

By: Ed Carlson | Tue, Nov 4, 2014
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A three week cycle (~23-26 trading days) expanded to 30 days to mark the high on 9/19/14. It appears to have expanded again as Monday marked 31 trading days since the September high. It converged on Monday with another cycle of 47 trading days increasing confidence in a high in the immediate future. These cycles match my own Hybrid Lindsay middle section forecasts.

The 24-day low-to-low cycle (which did an excellent job of forecasting the closing low on 10/16/14) signals the next low near Monday, 11/10/14.

Finally, Lindsay 222-day intervals (chart) point to turns in the Dow on 11/3/14 and 11/12/14 - very close to the previously mentioned dates.

Lindsay 222-day intervals chart
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Ed Carlson

Author: Ed Carlson

Ed Carlson
Seattle Technical Advisors.com

Ed Carlson

Ed Carlson, author of George Lindsay and the Art of Technical Analysis, and his new book, George Lindsay's An Aid to Timing is an independent trader, consultant, and Chartered Market Technician (CMT) based in Seattle. Carlson manages the website Seattle Technical Advisors.com, where he publishes daily and weekly commentary. He spent twenty years as a stockbroker and holds an M.B.A. from Wichita State University.

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