The Hybrid Lindsay model is forecasting a high on or near today, 4/3/17. Traditional cycle analysis is also pointing to a high today and no low until the second half of the month.

Point E on 4/5/06 of a descending middle section counts 2,008 days to the low of the basic cycle on 10/4/11. 2,008 days later is 4/3/17.

An important/final high on 2/6/01 counts 2,950 days to the low of the multiple cycle on 3/6/09. 2,950 days later is 4/3/17.

The significant high on 12/26/14 counts 412 days to the low of the basic cycle on 2/11/16. 412 days later was last Wednesday, 3/29/17.

That would be stretching the margin of error to its maximum.

Cycles
A 2mo cycle high is due on 4/4/17.
A micro-cycle high is due last Friday or today.

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.

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