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
Tag: LT wave
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
LT wave for July 2019
June was not an easy month for trading our LT wave: https://lunatictrader.wordpress.com/2019/06/03/lt-wave-for-june-2019/ Expected strength in the first week pushed the S&P back above 2900. The weaker second half of the month did not produce much downside action, the market kept climbing, but at a slower rate. This suggests the path of least resistance is up.… Continue reading LT wave for July 2019
LT wave for June 2019
The LT wave for May did a fair job. The neutral readings in the first week gave more downside action than expected. The stronger second week produced the only multi-day rally attempt of the month. And the second half of May was as weak as projected by the wave. Not bad. Here is the expected… Continue reading LT wave for June 2019
LT wave for May 2019
The LT wave for April has been pretty useless. In a one way market there is little or no space for cycles to asset themselves. That’s how it goes sometimes. Sooner or later more normal patterns will return. Here is the LT wave for May: The wave did reasonably well until the middle of the… Continue reading LT wave for May 2019