Tag: LT wave

The LT wave did an OK job in April. Expected strength in the first days was short-lived again, and followed by a significant decline in the subsequent weak period. The wave was correct on the overall direction but not on the magnitude of the move. Sometimes it is like that. Here how it is expected… Continue reading LT wave for May 2022

March was an excellent month for our LT wave. Expected strength in the first week was a bit short-lived, but then we got the expected weakness until the 15th. The rest of the month was projected to be stronger again and it did by rallying 400 points! It doesn’t get much better than that. Here… Continue reading LT wave for April 2022

February was an interesting month for our LT wave. Expected strength in the first weeks hardly produced a weak sideways, just like in January. This signaled underlying weakness and after the 19th the weak period took the index down to new lows for the year. Here how it is expected to continue in March: The… Continue reading LT wave for Mar 2022

January was a mediocre month for our LT wave. Expected strength in the first week did not show up and the projected “slightly stronger” 3rd week did not see any rally either. It was all the way down, so naturally the expected weaker periods “worked”. But it was a remarkable month, one of the worst… Continue reading LT wave for Feb 2022

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