December was another excellent month for our LT wave. Expected strength until the 9th allowed the index to climb back to 4700. The weaker period until the 20th was pretty mild and mostly sideways. That set up the market for a climb above 4800 in the final week. How it is expected to continue is… Continue reading LT wave for Jan 2022
Tag: LT wave
LT wave for Dec 2021
The LT wave did pretty well in November. Expected strength until the 11th lifted the S&P 500 above 4700 for the first time. But then the move stalled as the weaker period kicked in. The expected strength after the 21st caused a last jump to new record high on the 22nd, but then there was… Continue reading LT wave for Dec 2021
LT wave for Oct 2021
The LT wave did very well for September. Expected strength early in the month was rather underwhelming and hardly kept the S&P 500 above 4500. The final 3 weeks, when weakness was projected, produced one of the biggest selloffs so far this year, dropping over 200 points and ending the month near the lows. How… Continue reading LT wave for Oct 2021
LT wave for Sep 2021
It was a rather average month for the LT wave in August. Expected weakness in the first 4 days gave us sideways action, which was followed by a nice rally in the subsequent strong period. A peak was reached on the 16th, when the strong period ended. Then the market pulled back sharply in the… Continue reading LT wave for Sep 2021
LT wave for August 2021
It wasn’t a good month for the LT wave in July. Expected weakness until the 7th did not pan out. Stocks kept rising and there was just a pretty sharp drop around the 19th, instantly followed by a further climb. The expected weakness in the final days only produced sideways action. How does it continue?… Continue reading LT wave for August 2021
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