• 2 hours Three Stocks To Watch Ahead Of Earnings Season
  • 6 hours Markets Flat As Bulls And Bears Battle It Out
  • 8 hours The Mining Industry Still Has a Human Rights Problem
  • 1 day 5 Billionaires Booted From Their Own Companies
  • 1 day Can Toyota's Hydrogen Car Take On Tesla?
  • 2 days Why Universal Basic Income Won't Work
  • 3 days Is This The Real Golden State?
  • 3 days Blockchain Firm Pushes For Ethical Mining
  • 4 days America’s Working Class Are Footing All The Bills
  • 4 days Market Volatility Sends Investors Scrambling Into This Asset Class
  • 4 days How Much Energy Would It Take To Power The Death Star?
  • 5 days A Tweet About Hong Kong Could Cost The NBA $4 Billion
  • 5 days World's Largest Miner Doubles Down On Renewables
  • 5 days Nasdaq Cracks Down On Small Chinese IPOs
  • 6 days Is There Any Reason To Be Bullish About Netflix?
  • 6 days Precious Metals See Record Inflows As Investors Hedge Against Teetering Economy
  • 6 days NYU Professor: Tesla Could Lose 80% Of Its Value
  • 7 days Uber To Offer On Demand Employment
  • 7 days SoftBank Reeling After Questionable WeWork Investment
  • 7 days Opportunity Arises In The Democratic Republic Of Congo
Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

The Problem With Modern Monetary Theory

The Problem With Modern Monetary Theory

Modern monetary theory has been…

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

Hybrid Lindsay Forecast for a Top Near April 15

With Friday's breakout from the symmetrical triangle (formed during March and early April) equities should be off to the races and on their way to the triangle's target of 2,175, right? While there is no reason to doubt the breakout or the target, "off to the races" may be too strong of term for now as there is a Hybrid Lindsay forecast for a high near April 15.

The Hybrid Lindsay model is my own combination of the work of George Lindsay together with traditional cycle analysis which enables the forecasting of short-term highs and lows that Lindsay never bothered to address. The Hybrid forecast for a low on March 6-9 was two days early as that low fell on March 11. The Hybrid forecast for a high on March 23 was dead-on and the Dow printed its most recent low on March 26 - two trading days prior to the Hybrid forecast for a low on March 30.

The period surrounding Apr 15 is the next likely high in the Dow. Below is an explanation of how that forecast was developed. It begins with Lindsay's approach of finding confirming forecasts from both the basic and multiple cycles.

Basic Cycle

The high of a small flattened top on 3/24/08 counts 1,289 days to the low of the basic cycle on 10/4/11. 1,289 days later is 4/15/15.

Multiple Cycle

Point E on 1/29/03 of a descending middle section counts 2,228 days to the low of the multiple cycle on 3/6/09. 2,229 days later is Monday, 4/13/15.

222 day interval

The 222 day interval (221-225 days) is important in Lindsay's work. Lindsay discovered that this interval has appeared throughout the entire history of the Dow. Counting from the high on 9/5/14 to Apr 15 is 222 days.

Low-Low-High interval

The lows of 2/2/15 and 3/11/15 are 37 days apart. Counting forward another 37 day interval forecasts a high near Apr 17.

Low-High-High interval

The low on 1/16/15 counts 45 days to the bull market high on 3/2/15. Counting forward another 45 day interval forecasts a high near Apr 16.

 


To get your copy of the April Lindsay Report from SeattleTA, please click here.

 

Back to homepage

Leave a comment

Leave a comment