• 366 days Will The ECB Continue To Hike Rates?
  • 367 days Forbes: Aramco Remains Largest Company In The Middle East
  • 368 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 768 days Could Crypto Overtake Traditional Investment?
  • 773 days Americans Still Quitting Jobs At Record Pace
  • 775 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 778 days Is The Dollar Too Strong?
  • 778 days Big Tech Disappoints Investors on Earnings Calls
  • 779 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 781 days China Is Quietly Trying To Distance Itself From Russia
  • 781 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 785 days Crypto Investors Won Big In 2021
  • 785 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 786 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 788 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 789 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 792 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 793 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 793 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 795 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

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…

  1. Home
  2. Markets
  3. Other

August 5-8 High

The July 25 Market Update shared an interesting 60-day cycle which was due on July 22. That cycle scored a direct hit even if the pullback was not as dramatic as in past episodes. On Monday, another, shorter cycle was due. It has averaged about 42 days but has stretched to as long as 47. Either way, this cycle points to a high this week matching our Hybrid Lindsay forecast. The Hybrid forecast is detailed below.


Middle Sections

The decline from a flattened top on 8/20/15 counts 175 days to the low of the Basic Cycle on 2/11/16. 175 days later was August 4.

Point E of an ascending Middle Section on 10/4/01 counts 2,710 days to the low of the Multiple Cycle on 3/6/09. 2,709 days later is Friday, 8/5/16.


Cycles

A 42 day cycle points to a high this week with the highest probability of seeing it today. A micro-cycle high is expected today, too.


Lindsay Intervals

A 222-day interval (221-224 days) from the high on 12/29/15 forecasts a change in trend during the period August 6-9.

S&P500 Chart
Larger Image

 


Get your copy of the August Lindsay Report at Seattle Technical Advisors.com

 

Back to homepage

Leave a comment

Leave a comment