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GreExit Feta Complete, Stock Market Lindsay Forecast

Stock-Markets / Stock Markets 2015 Jul 08, 2015 - 11:26 AM GMT

By: Ed_Carlson

Stock-Markets

On Sunday Greeks voted on an economic program that no longer exists, in a referendum which was of questionable legality. Grexit seems to be a fait accompli.

In the meantime, regardless of the Greek vote, US markets will continue to do what they do. The Hybrid Lindsay forecast calls for a low early this week followed by a rally to, roughly, July 15. In addition to Middle Section forecasts which are the heart of the "hybrid" model, other methods (Lindsay's and my own) are forecasting a high in this time period.


A cycle of 57 days extends between the highs of March 23, May 19, and 7/15/15.

A 222-day interval counted from the high on 12/5/14 forecasts a turn near 7/15/15.

A 107-day interval (102-112) counts 111 days from the low on 3/26/15 to a high on 7/15/15.

Try a "sneak-peek" at Lindsay research (and more) at Seattle Technical Advisors.

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.

© 2015 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.


© 2005-2022 http://www.MarketOracle.co.uk - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.


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