Feta Complete

By: Ed Carlson | Tue, Jul 7, 2015
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On Sunday Greeks voted on an economic program that no longer exists, in a referendum which was of questionable legality. Grexit seems to be a fait accompli.

In the meantime, regardless of the Greek vote, US markets will continue to do what they do. The Hybrid Lindsay forecast calls for a low early this week followed by a rally to, roughly, July 15. In addition to Middle Section forecasts which are the heart of the "hybrid" model, other methods (Lindsay's and my own) are forecasting a high in this time period.

A cycle of 57 days extends between the highs of March 23, May 19, and 7/15/15.

A 222-day interval counted from the high on 12/5/14 forecasts a turn near 7/15/15.

A 107-day interval (102-112) counts 111 days from the low on 3/26/15 to a high on 7/15/15.


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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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