Tag: LT wave

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

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

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

The LT wave did a pretty good job in March, which is interesting because the projected pattern went against the normal green and red periods: LT wave for March. This is the wave for April: Projected weakness in the first week of March came right on target. The subsequent stronger period until the 22nd panned… Continue reading LT wave for April 2019

Stocks kept climbing in February. The LT wave did an OK job in calling the major swings. But in an ongoing uptrend the downswing tend to be short or shallow and that’s exactly what we got. Here is the LT wave for March: The wave projected February 1 to be a low followed by strength,… Continue reading LT wave for March 2019