When the next leg of the downturn is finished investors are likely to feel the same as Stan at the South Park bank. That decline should begin this week and could see the S&P 500 decline to as low as 1,700… and it’s gone!

Below are the details from my Hybrid Lindsay model pointing to a tradable high either last Friday or early this week. Equity indices have printed a bear pennant formation which measures a minimum move to 1,700.

Middle Sections    

Point E of a small descending Middle Section on 10/29/07 counts 1,437 days to the low of the Basic Cycle on 10/4/11.  1,437 days later is September 10, 2015.

Point E of a small descending Middle Section on 8/30/02 counts 2,380 days to the low of the Multiple Cycle on 3/6/09. 2,380 days later is September 11, 2015.

Cycles

There are both two and three month cycles pointing to a turn during the week of 9/11/15. One cycle is pointing to a high and the other to a low so obviously one is going to invert. The important point is that an important turn is due that week.

A micro-cycle high is due September 8-11, 2015.

Lindsay Intervals

222-day interval (221-224 days) points to a turn in the period September 8-11.

Mirror Image interval counts 117 days between the highs of Jan 22 and May 19, 2015. May 19 counts 115 days to Friday, September 11

Look for an important high on (or very close to) September 11, 2015.

 

 

 EdCarlsonSept15.jpg

 

 

 

 

 

Get your copy of the September Lindsay Report at Seattle Technical Advisors.com.