Tag: LT wave

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

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

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

The LT wave went out of sync for most of April. The expected strong start didn’t materialise and then stocks climbed in the projected weaker period. The second half of the month was rather weak, against expectation, but the final days brought prices back up. Here is the LT wave for May: The first two… Continue reading LT wave for May 2023

The LT wave performed a bit better in March. The expected strong period in the beginning of the month saw the market rally, but then rolled over a few days earlier than expected. The middle week, which was expected to be weak, brought panic mood around banking, but the market bottomed a bit earlier than… Continue reading LT wave for April 2023