Here is our LT wave chart for next month (click for larger image): Last month the LT wave didn’t work. The S&P 500 actually bottomed on October 9th and then rose to new record highs, exactly the opposite of what the chart projected. For November we see a slightly positive bias until the 14th followed… Continue reading LT wave chart for November
Tag: LT wave
LT wave chart for October
We are nearing the end of the month, so today I am sharing the LT wave for October (click for larger image): Last month the LT wave performed so-so. The S&P 500 did show the expected strength early in September, but it carried on until a new high on the 18th, a few days later… Continue reading LT wave chart for October
LT wave chart for September
August is slowly coming to an end. Today we take a look at the LT wave for September (click for larger image): The LT wave did fairly well again in August. US stocks reached a new high on August 5th, but the market failed to build on those gains as was expected on the basis… Continue reading LT wave chart for September
LT wave chart for August
Markets came under pressure last week, but held up very well. The recent lunar red period produced a 27 points gain in the Nasdaq, which means the market continues to display strength. Another push higher is in the cards with a new lunar green period now underway. Let’s have a look at the S&P 500… Continue reading LT wave chart for August
LT Wave for July 2013
Our LT Wave chart for June did reasonably well. It was a roller coaster month indeed. The weakness in the 3rd week came a few days later than expected, and we did get the expected strength in the final week. Here is the LT Wave for July (click for larger image): The chart shows some… Continue reading LT Wave for July 2013