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Monday, March 20, 2017 3:45:31 PM
Long, Hot Summer
By Ed Carlson | March 20, 2017
It looks like the Dow is due for its first major correction of 2017. While the expected downturn could be “uncomfortable” for many, it is not expected to witness the end of the secular bull market.
Lindsay’s long cycle is expected to count a 15yr interval between point A (10/10/02) and points J or H. That would place the more important high in the period from October’17 until September’18.
The downturn we expect now is due to the combination of a different 15yr interval forecasting a high in the period from September’16 until August’17 (see Market Update December 27, 2017) and a 12yr interval pointing to a low in the period May-November 2017. It could be a long, hot summer.
The correction may have already begun with the high on 3/1/17. We also have a Middle Section forecast for a high closer to 4/3/17.
http://seattletechnicaladvisors.com/blog.html
• DiscoverGold
By Ed Carlson | March 20, 2017
It looks like the Dow is due for its first major correction of 2017. While the expected downturn could be “uncomfortable” for many, it is not expected to witness the end of the secular bull market.
Lindsay’s long cycle is expected to count a 15yr interval between point A (10/10/02) and points J or H. That would place the more important high in the period from October’17 until September’18.
The downturn we expect now is due to the combination of a different 15yr interval forecasting a high in the period from September’16 until August’17 (see Market Update December 27, 2017) and a 12yr interval pointing to a low in the period May-November 2017. It could be a long, hot summer.
The correction may have already begun with the high on 3/1/17. We also have a Middle Section forecast for a high closer to 4/3/17.
http://seattletechnicaladvisors.com/blog.html
• DiscoverGold
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold
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