• 10 hours Saudis Eye Billions As Stocks Get Emerging Market Boost
  • 13 hours Airbnb In Acquisition Mode Ahead Of IPO
  • 16 hours Gold Hangs At $1,300 Ahead Of Fed Meeting
  • 18 hours Champagne Sales Slow As European Economic Worries Grow Louder
  • 1 day Putin Signs “Digital Iron Curtain” Into Law
  • 2 days Russian Metals Magnate Sues U.S. Over Sanctions
  • 2 days Tesla Looks To Jump Into Indian Market
  • 2 days Global Banks Lay Groundwork To Re-Inflate Asset Prices
  • 2 days Homeowners Experiment With Risky New Investment Trend
  • 3 days U.S. Tech Stocks Look Increasingly Vulnerable
  • 3 days De Beers To Expand World’s Most Profitable Diamond Mine
  • 3 days Ford CEO Gets Raise After Massive Layoff Round
  • 3 days Germany’s Flirtation With Recession Could Cripple The Global Economy
  • 4 days Where To Look As Gold Miners Inch Higher
  • 4 days Google Faces Billions In Fines From European Regulators
  • 5 days The Energy Industry Has A Millennial Problem
  • 5 days Russian Banks Scramble For Sanction Loopholes
  • 6 days Gold ETFs Take A Hit After Four-Month Run
  • 6 days European Union Takes Aim At Ten New Tax Havens
  • 7 days Goldman Defends Trillion-Dollar Corporate Buyback Spree
Lending: The Good, Bad, And Ugly

Lending: The Good, Bad, And Ugly

Aristotle said, “The most hated…

The Chatroom Cartel Running Global Bond Markets

The Chatroom Cartel Running Global Bond Markets

Eight major banks have been…

  1. Home
  2. Markets
  3. Other

A Long Hot July

With the intra-day low on Tuesday and the closing low on Wednesday, the forecast for a low in the Dow early last week worked out well. Last week's commentary also laid out the case for that low to be followed by a very short rally into a high (approximately) this Wednesday.

Unfortunately, this week's high is not expected to be the first in a series of higher highs as cycles warn of a continuing decline throughout July. A six-month cycle points to a low during the final week of the month as does a separate 21-week cycle. The Hybrid Lindsay model identifies the period of July 24-31 as the low with July 27 as the single-date forecast.

S&P500 21-Week Cycles Chart

 


Obtain your copy of the July Lindsay Report at Seattle Technical Advisors.com.

 

Back to homepage

Leave a comment

Leave a comment