Gold •174 days | 2,368.70 | +35.30 | +1.51% | |
Platinum •15 mins | 964.50 | +13.00 | +1.37% | |
WTI Crude •10 mins | 70.17 | +0.93 | +1.34% | |
Gasoline •12 mins | 1.965 | +0.027 | +1.39% | |
Ethanol •174 days | 2.161 | +0.000 | +0.00% | |
Silver •174 days | 30.82 | +1.16 | +3.92% |
Silver • 174 days | 30.82 | +1.16 | +3.92% | ||
Copper • 174 days | 4.530 | +0.111 | +2.51% | ||
Brent Crude • 10 mins | 73.62 | +0.99 | +1.36% | ||
Natural Gas • 10 mins | 3.947 | +0.291 | +7.96% | ||
Heating Oil • 10 mins | 2.224 | -0.002 | -0.09% |
Contributor since: 04 May 2012
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.
Cycles warn that the sell-off in equities during the last two weeks should find a bottom this week – temporarily. The Bradley model does not…
Last week’s Market Update – Showtime! – announced that the time had come for a sell-off in equities and we were not disappointed as the…
It’s Showtime! The July 10, Market Update laid out our case for a tradable high in equities to commence sometime by August. We now have…
While the Advance/Decline line (among other indicators) keeps us bullish in the long-term, short-term, the environment is not so sanguine for equities. Both the Hybrid…
Gold rallied $26.50/oz. last week closing at 1,252.70 and above the 200-dma. Gold is finding resistance from the December trendline and the detrended oscillator is…
May 8-11… High or Low? In the 4/17/17 Market Update I wrote of a low-low-high interval pointing to a high on 5/11/17. The lows of…
A critical factor in risk-asset pricing is inflation expectations and inflation expectations are directly affected by the price of commodities. Looking at the futures markets,…
TNX - the yield on the 10yr US Treasury note - gained 0.22% last week closing at 22.37 but 14-day RSI remains below its own…
The March 20 Market Update showed our Long Term interval forecast - both 15 and 12 year intervals. As we are now seeing the biggest…
Looking at the bull market advance since 2009, we can see at least two options for counting. The options are that wave 3 ended in…
With the failure to see the expected correction in our longer term forecast, this is probably a good time to review that forecast. A 15yr…
The next confluence of Fibonacci retracements is at 2,382 and is our price target for SPX but last Friday was a 21-day cycle high so…
George Lindsay wrote of a 107-day interval which he used as a confirming tool for finding highs in the Dow. Like all of Lindsay's models,…
As often noted, the first step in a Lindsay forecast is determining the long-term intervals; 15yr (15yr-15yr, 11mo) for highs and 12yr (12yr, 2mo-12yr, 8mo)…
Continue to look for an important top in the Dow near February 10. As the Dow returned to near our price target (20,133) last Friday,…
It appears that equity indices have printed their highs for the post-election rally. However, that doesn't necessarily mean that the correction must begin immediately. Cycles…
The 3PDh pattern of 2014-2016 appears to have failed. After a textbook, five-wave pullback (first floor roof/points 15-20) in April-June 2016, the Dow shot up…
A Middle Section forecast from the Basic Cycle (chart) points to a high on Monday and Lindsay’s 222-day interval points to a change in trend…
Cycles are shaping up for an important high just before (or just after) Christmas (It is decidedly so). In addition, the Bradley model shows a…
The normal bullishness of this time of year was turned on its head last year and we're beginning to wonder if it may happen again…