A Hybrid Lindsay high is expected late this week, or early next, but that doesn't mean equities are expected to necessarily trend upward all week. Regardless, readers cannot afford to become lost in the semantics. Equities still appear to be looking into an abyss which will not bottom until closer to the final week of October.

October 13-14 High

Point E of a descending Middle Section on 6/11/15 counts 245 days to the low of the Basic Cycle on 2/11/16. 245 days later is October 13.

Point E of an descending Middle Section on 7/26/01 counts 2,780 days to the low of the Multiple Cycle on 3/6/09. 2,779 days later is Friday, October 14.

Cycles

An unusually large number of cycles point to a high in the time from October 14-19 leading me to believe that the high may come later than the Middle Section forecast indicates.

Lindsay Intervals

A 222-day interval counted from 3/10/16 points to a turn on October 18.

A 107-day interval (102-112) counts 109 days to October 14.

Lindsay Intervals

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.

© 2016 Copyright Ed Carlson - All Rights Reserved

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