Tag: LT wave

The LT wave had a poor month in August. The market crashed almost 10% in what was still supposed to be a strong period. That threw off the normal pattern and the index then rebounded strongly in what was to be a weaker period. The second half of the month saw sideways price action. Things… Continue reading LT wave for September 2024

The LT wave was close to perfect for July. The expected strong period lasted a few days longer than projected and lifted the S&P 500 well above 5600, new record highs. The subsequent weaker period until the 27th brought a significant pullback to 5400. The final days of the month were stronger again, as projected,… Continue reading LT wave for August 2024

The LT wave had another good month in May. The projected stronger second week after some hesitation in the first days of the month panned out nicely and took the market higher. The index kept up until around the 21th, which is when the stronger period was left behind. The final week was weaker as… Continue reading LT wave for June 2024

The LT wave did OK in April. Weakness in the first days was evident. The subsequent stronger second week merely kept the index flat, signaling underlying weakness. On the 12 of April a 200 point decline started, a few days earlier than our graph indicated. And even though there were a few rebound days the… Continue reading LT wave for May 2024

The LT wave did not indicate much for March. There was a bit of a dip in the first week, when weakness was projected. And the market just inched a little bit higher during the remaineder of March, which had very neutral LT wave values. Here is the LT wave for April: Weakness in the… Continue reading LT wave for April 2024