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
Tag: LT wave
LT wave for January 2020
After a few weak months our LT wave seems to have kicked back into the proper gear. This is the projected price pattern for S&P 500 in January: After expected weakness in early December the market flatlined a bit before bursting higher in the subsequent strong period. For January the wave suggests a weak period… Continue reading LT wave for January 2020
LT wave for December 2019
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
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