LT wave for June 2020

A couple of days later than normal, but better late than never.

Our LT wave had a mediocre month in May. Expected weakness until around the 20th was just a mild sideways and ended several days earlier than expected. The projected strong finish to the month did pan out nicely however.

Here is how the pattern continues into June:

ltwaveJun2020

Very similar to May. A projected weak period until the 20th, with a jump-out peak day on the 10th. The last 10 days of June are expected to be stronger.

Good luck.

Dan's avatar

By Dan

Stock trader since 1986. Method based on proprietary indicators, seasonal patterns and moon cycles.

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