Stocks: Top This Week

Cycles pointing to a low near August 21 were successful. We now have cycles and Lindsay models pointing to a high this week.

Middle Section forecasts point to a top this week. The high on 7/16/14 counts 575 days to the low of the basic decline on 2/11/16. 575 days later is 9/8/17. 

No middle section could be found centered on the low of the previous basic decline (10/4/11) that forecasts a turn this week.

The high on 9/6/2000 counts 3,103 days to the low of the multiple cycle (3/6/09). 3,105 days later is Tuesday, 9/6/17.

Lindsay’s 107-day count (107 days from a significant low to a high) also forecasts a high this week no later than Friday (chart). Lindsay explained that there is a 5-day window around the 107-day count (102-112 days).