A bottom for the January sell-off appears to be behind us. It fell three trading days after the Hybrid Lindsay forecast for a low in the period January 12-15. This should be a good week for the bulls. The next forecast for a high is for Monday, February 1. That forecast is detailed below.

Middle Sections

Point C of a descending Middle Section on 6/6/07 counts 1,581 days to the low of the Basic Cycle on 10/4/11. 1,581 days later is Feb 1.
Point E of a descending Middle Section on 4/10/02 counts 2,522 days to the low of the Multiple Cycle on 3/6/09. 2,523 days later is Monday, Feb 1.

Lindsay Intervals

222-day interval (221-224 days): The high on June 23 counts 223 days Feb 1.
107-day interval (102-112 days) counted from the low on Oct 14 counts 110 days to Feb 1.

Get your copy of the January Lindsay Report 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.

© 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.

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