• 2 days The Gold Rally Has Finally Run Out Of Steam
  • 2 days Citibank Analyst Predicts $300k Bitcoin By End Of 2021
  • 5 days Bitcoin Lives Up To Its Safe Haven Status In A Big Way
  • 5 days 14 Million People Will Lose Unemployment Benefits On December 31st
  • 7 days Why 12 Million American Millionaires Isn’t Good News
  • 8 days Big Oil Is Paying The Price For Investing In Renewables
  • 9 days The Banking Industry’s $35 Billion Gravy Train Could Disappear
  • 10 days Did Amazon Just Democratize Prescription Drugs?
  • 11 days The Private Space Race Just Got Very Real
  • 13 days Short Sellers Are Willing Big In This Turbulent Market
  • 14 days SpaceX Gets Go-Ahead To Send Humans Into Space
  • 15 days Saudi Arabia Lost $27 Billion In Oil Crash
  • 16 days China’s Big Tech Takes A Hit As Regulators Crack Down
  • 17 days Black Friday Could Be Retailers’ Only Hope
  • 18 days Why You Should Not Dump Your Stay At Home Stocks Just Yet
  • 19 days The Real Reason Why Uber And Lyft Stocks Have Soared Nearly 50%
  • 21 days Bitcoin Heads Towards $16,000 And No One’s Cashing In
  • 22 days Elon Musk’s $250 Tesla Tequila Is Already Sold Out
  • 23 days Will The San Francisco Wealth Tax Spark An Exodus Of The Rich?
  • 24 days The Fin-Tech IPO Of The Century Just Got Crushed
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

Cycle Shift

Last week's commentary stated that we expected to see a high in the Dow no later than Wednesday. That high didn't come a day too soon as the index topped on Wednesday at 18,252 and fell to an intra-day low on Friday at 18,050.

The Hybrid Lindsay model points to a low this week and it looks increasingly as if the low will come late as short-term cycles have shifted to be more in line with the Lindsay intervals pointing to a low this Friday.

Point E of a descending Middle Section on 12/9/13 counts 526 days to the high of the last Basic Cycle on 5/19/15. 526 days later is October 26.

Point E of an ascending Middle Section on 11/7/05 counts 2,002 days to the high of the previous Basic Cycle on 5/2/11. 2,002 days later is October 24.

A significant high on 9/23/98 counts 3,303 days to the high of the Multiple Cycle on 10/9/07. 3,303 days later is October 24.


Cycles

A 6mo cycle low is due the week of Oct 24. A micro-cycle low which was due Oct 2 looks to have shifted to this Friday, Oct 28. A 12wk cycle low is due the week of Oct 24. A monthly cycle low is due on Oct 28. A 40 day cycle low is due the same week as the above cycles.


Lindsay Intervals

A 222-day interval counted from 3/21/16 forecasts a change of trend near 10/28/16.

Dow Industrials Cycle Shift
Larger Image

 


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

 

Back to homepage

Leave a comment

Leave a comment