• 1,008 days Will The ECB Continue To Hike Rates?
  • 1,008 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,010 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,410 days Could Crypto Overtake Traditional Investment?
  • 1,415 days Americans Still Quitting Jobs At Record Pace
  • 1,417 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,420 days Is The Dollar Too Strong?
  • 1,420 days Big Tech Disappoints Investors on Earnings Calls
  • 1,421 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,423 days China Is Quietly Trying To Distance Itself From Russia
  • 1,423 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,427 days Crypto Investors Won Big In 2021
  • 1,427 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,428 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,430 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,431 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,434 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,435 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,435 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,437 days Are NFTs About To Take Over Gaming?
Strong U.S. Dollar Weighs On Blue Chip Earnings

Strong U.S. Dollar Weighs On Blue Chip Earnings

Earnings season is well underway,…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

  1. Home
  2. Markets
  3. Other

12/29/14: The Lindsay Package For A Tradable Short Term High

The last high date I brought here was 9/19/14, which produced that long awaited 10% correction from intraday high to intraday low.

http://www.safehaven.com/article/35203/and-now-plunge-the-spx-lindsay-package-for-91814-91914

Here is another candidate which may be tradable, though I do not expect the decline to be as sharp. But who knows?

(Note: There are many Lindsay dates. They should be considered swing trade candidates, not the end of the world or even the end of the bull market. Some are low targets. The chart pattern has to confirm dates. In this case, I need to see a sharp rally right into 12/29/14. Except for the Astro Window, these are direct hits.)

1. LLH(223/223): 10/9/13 -> 5/20/14 -> 12/29/14

2. LLH(553/553): 12/19/11 -> 6/24/13 -> 12/29/14

3. TTT: 9/15/14 + 105. The TTT count is best used as "a low between two important highs." You can see that 9/15/14 fits that description. The high before it backcounted to the 8/7/14 low; the high after it, led to the 10/15/14 low!

4. 5/20/14 + 223. This segment is part of a LLH and it was also a Ray Merriman AstroDate. It serves a dual purpose by producing a Lindsay 223 from a low. One might even argue that the 10/15/14 Ebola False Black Swan spike low, a lower low than 5/20/14, could be overlooked allowing for a much better pattern fit.

5. Astro: both of the Bradley charts I watch have turn dates nearby. They are a couple of days earlier and well within the window.

6. HL/LH(228/228) H1 Mirror Image 4/2/12 -> 11/16/12 // 5/15/14 -> 12/29/14

If any reader has supporting hits, please chime in at the "comments" section.

(Note: I have not looked for a "count from the middle section." I really do not have the time or experience or data to do that.)

S&P500 Daily Chart

 

Back to homepage

Leave a comment

Leave a comment