Just a quick message today to get out the LT wave.
Our wave did OK in February.
The month was as volatile as the wave projected and the major swings lined up with the wave pattern more often than not. Expected strength around the 5th did not show up, other than one good rebound day on Feb6, and the market declined straight into the expected bottom value on the 11th (which was a Sunday). This was followed by a strong week right into our expected peak on the 17th. Weakness in the 3rd week came in the form of sideways churning and then we got a few good up days in the last week. The final days of February did not show expected strength and this means March is starting on a weak foot.
Here is the LT wave for March:
A strong period is projected until around the 5th and followed by a prolonged weak period until the 26th. The final week of March looks better.
Peak LT wave values come on the 3rd and the 28th. The lowest value of March comes on the 12th.
Good luck.
Danny Thx for the email! Been following you for some time. Interesting work!
BTW your 3/12 low happens to coincide with the 4 lunar month cycle. I calculated a trend change on 3/13.
Thx Paul
Sent from my iPhone
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Thanks Paul.