• 579 days Will The ECB Continue To Hike Rates?
  • 579 days Forbes: Aramco Remains Largest Company In The Middle East
  • 581 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 981 days Could Crypto Overtake Traditional Investment?
  • 986 days Americans Still Quitting Jobs At Record Pace
  • 988 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 991 days Is The Dollar Too Strong?
  • 991 days Big Tech Disappoints Investors on Earnings Calls
  • 992 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 994 days China Is Quietly Trying To Distance Itself From Russia
  • 994 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 998 days Crypto Investors Won Big In 2021
  • 998 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 999 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,001 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,002 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,005 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,006 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,006 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,008 days Are NFTs About To Take Over Gaming?
  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