Forecast for February 1st High

By: Ed Carlson | Tue, Jan 26, 2016
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A bottom for the January sell-off appears to be behind us. It fell three trading days after the Hybrid Lindsay forecast for a low in the period January 12-15. This should be a good week for the bulls. The next forecast for a high is for Monday, February 1. That forecast is detailed below.


Middle Sections

Point C of a descending Middle Section on 6/6/07 counts 1,581 days to the low of the Basic Cycle on 10/4/11. 1,581 days later is Feb 1.
Point E of a descending Middle Section on 4/10/02 counts 2,522 days to the low of the Multiple Cycle on 3/6/09. 2,523 days later is Monday, Feb 1.


Lindsay Intervals

222-day interval (221-224 days): The high on June 23 counts 223 days Feb 1.
107-day interval (102-112 days) counted from the low on Oct 14 counts 110 days to Feb 1.

Lindsay Intervals
Larger Image

 


To get your copy of the January Lindsay Report, click here.

 


 

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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