We had a very interesting April with steadily rising stocks setting new records. The expected mild weakness in the first days didn’t really materialise, but the stronger final 3 weeks panned out beautifully. A nearly 5% rise for the S&P 500 within a month is something you don’t see very often. For May the LT… Continue reading LT wave for May 2021
Tag: LT wave
LT wave for March 2021
The wave had an excellent month in February. Expected strength in the first half of the month was right on target and lifted the S&P 500 to a new record high on the 16th. Then the projected weakness in the 3rd week came in, causing a pullback. Then there was another rally attempt in the… Continue reading LT wave for March 2021
LT wave for February 2021
The wave had a rather poor month in January. While we did get a see saw type of market, the pattern didn’t match the projected wave very well. No perfection in this world ;-) Here is the LT wave for February: There is projected strength in the first half of the month, with the possible… Continue reading LT wave for February 2021
LT wave for January 2021
The LT wave did a good job in December. The projected strong start of the month took the index above 3700 for the first time. The expected subsequent weakness until the 26th gave us a sideways choppy market. The stronger final days came right on target as well and allowed the S&P 500 to close… Continue reading LT wave for January 2021
LT wave for December 2020
The LT wave was rather average in November. Expected mid-month strength started several days earlier than the wave indicated. The weakness in the final week was very mild, only producing a sideways. Here is the projected price pattern for December: The first 10 days look strong and are followed by a weaker period until around… Continue reading LT wave for December 2020