Cycles Call for Stock Market High this Week
Stock-Markets / Stock Market 2017 Jan 15, 2017 - 08:24 PM GMTA Middle Section forecast from the Basic Cycle (chart) points to a high on Monday and Lindsay’s 222-day interval points to a change in trend this week – but no confirming Middle Section forecast is found from the Multiple Cycle. This is not expected to be a significant high.
Cycles, however, may be the missing link. A two month cycle high is due near 1/20/17. A monthly cycle high is due this Tuesday and a six month cycle high is due in late January.
Even the VIX (Volatility index) looks like it may be marking a 40-month cycle low. Today should be a 34-day cycle low. Tomorrow is an 18-day cycle low.
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.
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