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rafe.thrasher5400
Peter,
According to George Lindsay, LLH counts are determined by calendar days as opposed to trading days. Using calendar days, the high occurred on Monday May 5th. The calculation I used is below.
March 23 2020
13 Oct 2022
935 calendar days
Like 107-day counts, LLH counts are made using calendar days, not trading days. When one is using cal endar days, the indicated date of a high sometimes falls on a Saturday, Sunday, or holiday. To determine whether the targeted high should be expected to fall on either the day before or the day after a closed day in the market, Lindsay suggested checking by counting market days. Fortunately, it has been found that the simpler process of assuming a Friday target date for counts end ing on a Saturday and a Monday target date for counts ending on a Sunday works quite well.
rafe.thrasher5400
Peter,
According to George Lindsay, LLH counts are determined by calendar days as opposed to trading days. Using calendar days, the high occurred on Friday May 2nd or Monday May 5th. The calculation I used is below. By the way, I think that date works better anyhow as the Friday May 2nd closing high is above where we closed to the present date.
March 23 2020
13 Oct 2022
935 calendar days
Like 107-day counts, LLH counts are made using calendar days, not trading days. When one is using cal endar days, the indicated date of a high sometimes falls on a Saturday, Sunday, or holiday. To determine whether the targeted high should be expected to fall on either the day before or the day after a closed day in the market, Lindsay suggested checking by counting market days. Fortunately, it has been found that the simpler process of assuming a Friday target date for counts end ing on a Saturday and a Monday target date for counts ending on a Sunday works quite well.
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Peter, According to George Lindsay, LLH counts are determined by calendar days as opposed to trading days. Using calendar days, the high occurred on Monday May 5th. The calculation I used is below.
March 23 2020 13 Oct 2022
935 calendar days
Like 107-day counts, LLH counts are made using calendar days, not trading days. When one is using cal endar days, the indicated date of a high sometimes falls on a Saturday, Sunday, or holiday. To determine whether the targeted high should be expected to fall on either the day before or the day after a closed day in the market, Lindsay suggested checking by counting market days. Fortunately, it has been found that the simpler process of assuming a Friday target date for counts end ing on a Saturday and a Monday target date for counts ending on a Sunday works quite well.
Peter, According to George Lindsay, LLH counts are determined by calendar days as opposed to trading days. Using calendar days, the high occurred on Friday May 2nd or Monday May 5th. The calculation I used is below. By the way, I think that date works better anyhow as the Friday May 2nd closing high is above where we closed to the present date.
March 23 2020 13 Oct 2022
935 calendar days
Like 107-day counts, LLH counts are made using calendar days, not trading days. When one is using cal endar days, the indicated date of a high sometimes falls on a Saturday, Sunday, or holiday. To determine whether the targeted high should be expected to fall on either the day before or the day after a closed day in the market, Lindsay suggested checking by counting market days. Fortunately, it has been found that the simpler process of assuming a Friday target date for counts end ing on a Saturday and a Monday target date for counts ending on a Sunday works quite well.
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