• 14 hours 2021 Could Be A Huge Year For Chinese Stocks
  • 2 days Shadowy Brokers Target Easy TikTok Money In New Scheme
  • 3 days Cannabis Sales Are Soaring In The United States
  • 4 days Biden Will Be A Boon For Solar Stocks
  • 5 days The Shroom Boom Is Here To Stay
  • 8 days The Gold Rally Has Finally Run Out Of Steam
  • 8 days Citibank Analyst Predicts $300k Bitcoin By End Of 2021
  • 11 days Bitcoin Lives Up To Its Safe Haven Status In A Big Way
  • 11 days 14 Million People Will Lose Unemployment Benefits On December 31st
  • 13 days Why 12 Million American Millionaires Isn’t Good News
  • 14 days Big Oil Is Paying The Price For Investing In Renewables
  • 15 days The Banking Industry’s $35 Billion Gravy Train Could Disappear
  • 16 days Did Amazon Just Democratize Prescription Drugs?
  • 17 days The Private Space Race Just Got Very Real
  • 19 days Short Sellers Are Willing Big In This Turbulent Market
  • 20 days SpaceX Gets Go-Ahead To Send Humans Into Space
  • 21 days Saudi Arabia Lost $27 Billion In Oil Crash
  • 22 days China’s Big Tech Takes A Hit As Regulators Crack Down
  • 23 days Black Friday Could Be Retailers’ Only Hope
  • 24 days Why You Should Not Dump Your Stay At Home Stocks Just Yet
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

How The Ultra-Wealthy Are Using Art To Dodge Taxes

How The Ultra-Wealthy Are Using Art To Dodge Taxes

More freeports open around the…

Ed Carlson

Ed Carlson

Ed Carlson, author of George Lindsay and the Art of Technical Analysis, and his new book, George Lindsay's An Aid to Timing is an independent…

Contact Author

  1. Home
  2. Markets
  3. Other

Hybrid Lindsay Forecast for a Low

My July 28 commentary was the last time I gave an update on my Hybrid Lindsay model (a hybrid approach to the work of the late technician, George Lindsay). In that commentary I mentioned my forecast for a low in the period July 24-31 and that I felt the expected low was "very close and may have already been seen last Friday". As it turned out, the low was that Monday, July 27.

Readers who have took advantage of last week's free offer of the Year-to-Date Performance Review or the offer two weeks ago to obtain a copy of the August Lindsay Report have been kept up to date on recent forecasts. For the rest of you, the Hybrid Lindsay model is now pointing to a low to the current sell-off on August 28, 2015 (but not before a bounce early this week). The high of a flattened top on 1/3/07 counts 1,580 days to the high of the Basic Cycle on 5/2/11. 1,579 days later is Friday, August 28, 2015. The high of a flattened top on 11/22/99 counts 2,880 days to the high of the Multiple Cycle on 10/11/07. 2,881 days later is Monday, August 31, 2015. Incorporating my traditional cycle work into Lindsay's Middle Section model shifts the weight of the evidence for a low to August 28, 2015.


Larger Image

 


Try a "sneak-peek" at SeattleTA research today.

 

Back to homepage

Leave a comment

Leave a comment