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Market Oracle FREE Newsletter

Urgent Stock Market Message

Stock Market Top this Week

Stock-Markets / Stock Market 2017 Sep 05, 2017 - 06:16 PM GMT

By: Ed_Carlson

Stock-Markets

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).

Try a "sneak-peek " this month at Seattle Technical Advisors.com

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 trader, consultant, and Chartered Market Technician (CMT) based in Seattle. Carlson manages the website Seattle Technical Advisors.com, where he publishes daily and weekly commentary. He spent twenty years as a stockbroker and holds an M.B.A. from Wichita State University.

© 2017 Copyright Ed Carlson - All Rights Reserved

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.


© 2005-2018 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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