LT wave chart for August

The LT wave chart for July did OK. It picked up a few highs and lows, also missed some. Here is the LT wave for August (click for larger image):

LT wave

Given yesterday’s drop in the market it could become an interesting August. The LT wave will reach a low on the 5th, followed by a high on the 10th. Then another low around the 20th before going into a strong final week. As always, consider this chart with the necessary caution. It is an experimental method.

Good luck,


By Dan

Author of LunaticTrader and Reversal Levels method. Stock market forecasts based on proprietary indicators, seasonal patterns and moon cycles.

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