Tag: LT wave

The LT wave did an almost perfect job in April. Here is the projected price pattern for May: The expected strong period until the 14th of April gave us a cracking 300 point rally in the S&P 500, almost like printing money. The subsequent weak period until the 22nd was a sideways pause with a… Continue reading LT wave for May 2020

March was one of the most dramatic months ever for stocks. How did our LT wave hold up? Weakness in the first week of the month came as expected, and how? The somewhat stronger 2nd week did not stop the ongoing decline, but it produced one of the biggest dead-cat-bounce days ever, with a nearly… Continue reading LT wave for Apr 2020

The LT wave did poorly in February. The climb in the early part of the month panned out well and the market went to new records. But the coronavirus panic in the final week washed out our wave cycle and we had a serious decline when some market was strength was expected. Here is the… Continue reading LT wave for March 2020

The LT wave did fairly well in January. The month started slow with some downward pressure in the first week. The subsequent stronger period in the middle of January took the market to new record highs. Then weakness kicked in for the remainder of the month, giving back all its gains since January 1st. Here… Continue reading LT wave for February 2020