The LT wave has not worked all that well in recent months. That pattern continued in November. In a one way market there is of course not much room for short term cycles to show up. Here is what happened in November and the LT wave projection for December: November started with a few unexpected… Continue reading LT wave for December 2019
Tag: LT wave
LT wave for November 2019
October was an interesting month and here is the LT wave for November: Expected weakness until the 23rd proved to be more short-lived than expected. By the 20th the S&P was regaining the 3000 level already, and the subsequent strong period in the final week took the index to new record highs. The pattern for… Continue reading LT wave for November 2019
LT wave for October 2019
Sorry for the delay, but here is the LT wave for October: September started as expected, with an upward bias in the first week. The subsequent weaker period gave use a long sideways pattern with a slight downward trend. The projected strength in the final days of the month saw an attempt to climb back… Continue reading LT wave for October 2019
LT wave for September 2019
August was a very volatile month, with news items causing big swings in both directions. That’s not the easiest of environments to trade lunar cycles, but the LT wave didn’t perform too badly after all. Expected upward bias failed to show up in the first week and the market had a steep drop. Next, a… Continue reading LT wave for September 2019
LT wave for August 2019
The LT wave did a mediocre job in July. Projected strength until around the 10th panned out OK, with the S&P climbing to a new record above 3000 for the first time. The subsequent weak period produced sideways trading, with little or no weakness until the final day of the month. Here is the LT… Continue reading LT wave for August 2019