Cycle Shift

By: Ed Carlson | Tue, Oct 25, 2016
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Last week's commentary stated that we expected to see a high in the Dow no later than Wednesday. That high didn't come a day too soon as the index topped on Wednesday at 18,252 and fell to an intra-day low on Friday at 18,050.

The Hybrid Lindsay model points to a low this week and it looks increasingly as if the low will come late as short-term cycles have shifted to be more in line with the Lindsay intervals pointing to a low this Friday.

Point E of a descending Middle Section on 12/9/13 counts 526 days to the high of the last Basic Cycle on 5/19/15. 526 days later is October 26.

Point E of an ascending Middle Section on 11/7/05 counts 2,002 days to the high of the previous Basic Cycle on 5/2/11. 2,002 days later is October 24.

A significant high on 9/23/98 counts 3,303 days to the high of the Multiple Cycle on 10/9/07. 3,303 days later is October 24.


Cycles

A 6mo cycle low is due the week of Oct 24. A micro-cycle low which was due Oct 2 looks to have shifted to this Friday, Oct 28. A 12wk cycle low is due the week of Oct 24. A monthly cycle low is due on Oct 28. A 40 day cycle low is due the same week as the above cycles.


Lindsay Intervals

A 222-day interval counted from 3/21/16 forecasts a change of trend near 10/28/16.

Dow Industrials Cycle Shift
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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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