Category: Market Commentary

The LT wave had another weak month in May. The month started relatively flat, which was in line with the LT wave. But the strong rally in the second full week was unexpected. In the third and fourth week the normal pattern seemed to come back again. Here is the LT wave for June: A… Continue reading LT wave for June 2025

The LT wave had another poor month in April. The market crashed in the first week, then rebounded quite sharply in the second week, when the projected stronger period ended. The subsequent weaker period saw another decline, but the lows were not retested. The month did end on a stronger note, as expected, with the… Continue reading LT wave for May 2025

The LT wave did not work well in March. The SPX dropped 400 points in the first two week, when strength was expected. And then rebounded 250 points in what was supposed to be the weaker second half of the month. In the final week those gains were given back, which was in line with… Continue reading LT wave for April 2025

The LT wave did well in February. The first week ended sideways and the subsequent stronger period saw the market go back up to 6100+. The weaker period starting on the 19th then took the index down to well below 5900. Expected strength in the final days failed to show up however, with the exception… Continue reading LT wave for March 2025