LT wave for July 2022

The LT wave had a reasonably good month in June.

Expected strength in the first 10 days barely kept the market up and was followed by a significant downturn in the subsequent weaker period. The final week produced a rebound attempt.

Here how it is expected to continue in July:

The current stronger period is projected to continue until July 5th. Then an extended weaker period until around the 26th. The final 5 days of the month look very strong.

Normal caveats apply: the LT wave is experimental and doesn’t use any market or price inputs. Don’t bet the farm on it.