The LT wave had another mediocre month in September. The projected strong first week did not pan out at all. The S&P 500 fell to its low of the month and then started rallying in the second week, when the wave indicated weakness. The second half of the months was much better, with a positive… Continue reading LT wave for October 2024
Category: Market Commentary
Potential next key dates
Some readers have asked for next key dates, after our previous posts on that topic worked pretty well. In our most recent post we discussed the August 9, 2024 key date, which we had shared more than a year ago. We did not get a high (as looked more likely at the time of my… Continue reading Potential next key dates
LT wave for September 2024
The LT wave had a poor month in August. The market crashed almost 10% in what was still supposed to be a strong period. That threw off the normal pattern and the index then rebounded strongly in what was to be a weaker period. The second half of the month saw sideways price action. Things… Continue reading LT wave for September 2024
LT wave for August 2024
The LT wave was close to perfect for July. The expected strong period lasted a few days longer than projected and lifted the S&P 500 well above 5600, new record highs. The subsequent weaker period until the 27th brought a significant pullback to 5400. The final days of the month were stronger again, as projected,… Continue reading LT wave for August 2024
Potential key date
A quick recap for the newer readers. In the recent years the 666 week and 666 day cycles have done a good job in pointing out market highs and lows. See this post from 2021 about the Feigenbaum cycle. And this post from 2023, which indicated the summer high as well as the early winter… Continue reading Potential key date