Lindsay Models Pointing to a High This Week By: Ed Carlson | September 5, 2017
Following the Lindsay’s Market Analysis:
Cycles pointing to a low near August 21 were successful. We now have cycles and Lindsay models pointing to a high this week.
Middle Section forecasts point to a top this week. The high on 7/16/14 counts 575 days to the low of the basic decline on 2/11/16. 575 days later is 9/8/17.
No middle section could be found centered on the low of the previous basic decline (10/4/11) that forecasts a turn this week.
The high on 9/6/2000 counts 3,103 days to the low of the multiple cycle (3/6/09). 3,105 days later is Tuesday, 9/6/17.
Lindsay’s 107-day count (107 days from a significant low to a high) also forecasts a high this week no later than Friday (chart). Lindsay explained that there is a 5-day window around the 107-day count (102-112 days).
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