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
Tag: LT wave
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
LT wave for Oct 2023
The LT wave had a fairly good month in September. The weakness started a bit earlier than expected. And the subsequent stronger period until the 18th produced rally attempts, but not very strong. That already indicated underlying weakness. The subsequent weaker period for the final 10 days of the month saw the SPX drop more… Continue reading LT wave for Oct 2023
LT wave for August 2023
The LT wave did fairly well in July. Expected weakness early in the month saw a mild pullback. The subsquent stronger period started a few days earlier than projected and took the SPX to near 4600 by the 19th. Projected weakness in the final week was very mild, except for one strong down day. But… Continue reading LT wave for August 2023
LT wave for June 2023
The LT wave had an excellent month of May. The expected neutral first two weeks saw the market go sideways in a very narrow range. The projected stronger period starting on the 16th panned out nicely with the index climbing to 9 month highs. Here is the LT wave for June: The current strong period… Continue reading LT wave for June 2023