Meaning the last year of a seven-year cycle in the Jewish calendar, the end of the past several Shemitahs have brought immense financial hardships to the world. The 1987 crash on Wall St. happened during Shemitah. The bond market was massacred in 1994. The 9/11 terror attacks happened in 2001 and the global economic crisis occurred in 2008.
The Shemitah Year is the seventh year of the seven-year agricultural cycle mandated by the Torah for the Land of Israel and is still observed in contemporary Judaism. It falls very close to a simple 7yr cycle between highs seen in the chart to the left.
This year, the Shemitah ends on Sunday September 13 – very close to the Hybrid Lindsay forecast for a high on September 11.
