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
Tag: LT wave
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
LT wave for October 2020
The LT wave had a good month in September. Expected weakness in the first half of the month was right on target. I warned to be careful because not all weak periods produce gentle sideways. Indeed, the market dropped a few hundred points very quickly. The 3rd week was projected to be stronger, but all… Continue reading LT wave for October 2020
LT wave for September 2020
Markets surged in August and even though a one-way market will often most wash cycles away our LT wave did fairly well. Expected strength in the first week of August was followed by a sideways in the subsequent weak period. The market then burst to new all time highs during the next strong period. The… Continue reading LT wave for September 2020
LT wave for August 2020
The LT wave did OK in July. The expected weak periods went mostly sideways, which is typical in bull moves. The peak of the month came right in the projected strong period on July 22. Here is the wave for August: Strength in the first days of the month are again followed by a weak… Continue reading LT wave for August 2020