Tag: LT wave

The LT for October did a mixed job. The expected strong period in the second week did not pan out at all and the market just went into a steady decline. The projected weakness in the second half of the month was obviously correct. For November the expected pattern looks like this: A positive bias… Continue reading LT wave for November

A few days later than normal, but here is the LT wave chart for October. The wave did ok for September with the cycle gradually coming back to normal. Expected weakness in the first week did happen and was followed by a stronger period. The strong period did last a bit longer than projected. For… Continue reading LT wave for October

LT wave had another poor month in August. The market moved almost completely opposite to the expected pattern throughout the month. Whether that will continue or not is impossible to say. All we can do is be extra cautious and wait for normal situation to return. Here is the LT wave chart for September: Weakness… Continue reading LT wave for September