Tag: LT wave

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

The LT wave did a mediocre job in January. Expected weakness in the first trading days of the year panned out OK. But after that the wave gave us a difficult read. The market burst higher into the first expected peak on the 8th, but didn’t really stop there. There was some sideways crosscurrents type… Continue reading LT wave for February 2019

Our LT wave had a good month. Expected strength in the first week did not pan out and hardly kept the market up, leading into the expected weak period which took the market significantly lower. The rebound in the final week came right on target. This is the LT wave for January: The month is… Continue reading LT wave for January 2019

The LT wave was close to perfect for November. S&P 500 peaked on the 8th and bottomed on the 23rd, very close to the high and low indicated in the LT wave chart. For December the wave projects a very similar pattern: Strength in the first week (with a peak value on the 6th) is… Continue reading LT wave for December

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