Tag: LT wave

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

The LT wave had a fair month of February. The S&P 500 used the stronger first half of the month to climb well above 5000. The second half was weaker, but only just below neutral most of the time. During this period we got more sideways trading still with a slight upward bias. Here is… Continue reading LT wave for March 2024

The LT wave had a good month of January. Expected weakness in the first 10 days produced a sideways with only mild downside action. In the remaining stronger portion of the month the market kept going up without looking back. Here is the LT wave for February: First a few weak days until a deep… Continue reading LT wave for Feb 2024

The LT wave had a poor month for December. Projected strength in the first week only gave some sideways. The mildly negative values for the rest of December did not trigger any downside and the market kept climbing, be it a bit slower than it did in November. The stronger days did come around the… Continue reading LT wave for Jan 2024