US stock markets are trading in a large sideways pattern since February. But lunar cycles keep doing well in this environment. The LT wave did a good job in May. Lows of the month came in the first week as expected and a stronger period followed. Projected weakness in the final days of May came… Continue reading LT wave for June
Tag: LT wave
LT wave for May
Stocks have largely gone sideways in the recent month. It remains unclear whether the next major move will be up or down. Here is the current S&P 500 chart: Technically the Earl (blue line) peaked out in mid April and has come down to the neutral line. No signs of a bottom. The slower Earl2… Continue reading LT wave for May
LT wave for April
Markets are going through another significant downswing. Volatility has been high compared to what traders got used to in 2017. This was of course inevitable, and it is something I was watching as an indication that we are getting into the late stages of a multi-year bull market. See: Updated long term scenarios and charts.… Continue reading LT wave for April
LT wave for March
Just a quick message today to get out the LT wave. Our wave did OK in February. The month was as volatile as the wave projected and the major swings lined up with the wave pattern more often than not. Expected strength around the 5th did not show up, other than one good rebound day… Continue reading LT wave for March
LT wave for February
Markets have finally started a pullback. We did get a 1% down day for first time since August and we also got a 2% down week for the first time since Sep 2016. This means we are starting to see more volatility, but that doesn’t mean this bull market is over already. See my recent… Continue reading LT wave for February
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