• 658 days Will The ECB Continue To Hike Rates?
  • 658 days Forbes: Aramco Remains Largest Company In The Middle East
  • 660 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,060 days Could Crypto Overtake Traditional Investment?
  • 1,065 days Americans Still Quitting Jobs At Record Pace
  • 1,067 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,070 days Is The Dollar Too Strong?
  • 1,070 days Big Tech Disappoints Investors on Earnings Calls
  • 1,071 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,073 days China Is Quietly Trying To Distance Itself From Russia
  • 1,073 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,077 days Crypto Investors Won Big In 2021
  • 1,077 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,078 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,080 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,081 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,084 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,085 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,085 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,087 days Are NFTs About To Take Over Gaming?
Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

  1. Home
  2. Markets
  3. Other

Counts are Lining Up For the Next Tradable Top in the Dow

Counts are lining up for the next tradable top in the Dow near Dec 29. Let's call it sometime this week. The forecast involves several of the models developed by George Lindsay but one easy-to-grasp reason is the chart below. In the past I've shown my own discovery of centering a middle section forecast on the high of the previous multiple cycle to forecast the high of the current multiple cycle. Previous forecasts this year using this model have all resulted in significant (tradable) corrections in the Dow.

The 12/31/13 forecast was off by two days and was followed by a decline of 1,204 points. The 7/17/14 forecast was an exact hit and saw a decline of 770 points. The 9/19/14 forecast was off by seven days and preceded a decline of 1,163 points. This model now has a middle section forecasting a high between Dec 26 and Jan 2.

Counts are Lining Up For the Next Ttradable Top in the Dow
Larger Image

 


To get all the details of this forecast try a 'sneak-peek' at SeattleTA.

 

Back to homepage

Leave a comment

Leave a comment