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
Tag: LT wave
LT wave for Feb 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
LT wave for Jan 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
LT wave for Dec 2023
The LT wave had a near perfect November. Surprisingly, the projected strength that would last until the 24th, with very few weak days, came true almost exactly. The market climbed almost 10%. The rest of the month was expected to be neutral and a sideways it was. Here is the LT wave for December: Some… Continue reading LT wave for Dec 2023
LT wave for November 2023
The LT wave had a good October. Projected weakness in the first week was followed by a rally in subsequent stronger period, reaching the high for the month early in the third week. Then a serious decline followed, starting a few days earlier than expected, taking the market down 300 points by the end of… Continue reading LT wave for November 2023