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
Tag: LT wave
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
LT wave for January
Markets have continued to trade in “painless” fashion, just grinding higher without corrections worth talking about. Naturally this will not continue forever and it may end sooner rather than later. Here is the current Nasdaq chart: The latest all time highs came just before christmas. As long as the blue trend line stays intact there… Continue reading LT wave for January
Higher it goes
Markets have burst higher in recent weeks, taking most major indexes to new record highs. Does this mean the market has nowhere to go but up? Maybe. We will have a look into that question later in this article, but let’s have a look at the Nasdaq chart first: Instead of threatening to go down… Continue reading Higher it goes
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