The LT wave had another mediocre month in October. The expected strength in the beginning of the month extended a few days longer then projected. The projected weakness starting in the third week was quite mild and stocks kept going sideways in the final week. When expected strength fails to show up it can be… Continue reading LT wave for November 2024
Tag: LT wave
LT wave for October 2024
The LT wave had another mediocre month in September. The projected strong first week did not pan out at all. The S&P 500 fell to its low of the month and then started rallying in the second week, when the wave indicated weakness. The second half of the months was much better, with a positive… Continue reading LT wave for October 2024
LT wave for September 2024
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
LT wave for August 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
LT wave for June 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