LT wave for December
Posted by Danny on December 3, 2018
The LT wave was close to perfect for November. S&P 500 peaked on the 8th and bottomed on the 23rd, very close to the high and low indicated in the LT wave chart.
For December the wave projects a very similar pattern:
Strength in the first week (with a peak value on the 6th) is again followed by mid-month weakness that ends at an important low on the 21st. The final week of the year shows stronger again, but that will probably come in thin holiday trading so I wouldn’t bet the bank on it.
Don’t get carried away by LT wave doing very well for a month or two. There will always be months when it is doing a lukewarm job, if not worse.
Good luck.
Eric said
I would like to know on what blue line is about on LT Wave.
Do you have any suggestions?
Thank you very much for any suggestions (^v^)
Danny said
See articles: https://lunatictrader.com/lt-wave-chart/
Eric said
I would like to know on whether blue line is related to green and red period or not.
Do you have any suggestions?
Thank you very much for any suggestions (^v^)
Eric said
Which one (Blue Line or Green / Red Period) should perform better on market?
Eric said
If Blue Line is contradicted with Green / Red Line, which one should be followed?
Danny said
Neither performs better. Neither should be “followed”. If you want to use a given cycle then you first observe to see if it has recently been in tune with the market. If that’s the case then you can use that information in your trading. If not, then you wait until the cycle “clicks” again. The 60% rule applies: https://lunatictrader.com/2014/02/10/the-60-rule/
Eric said
Based on your study on US market, what if Blue Line is contradicted with Green / Red Line, what would you do?
Do you have any suggestions?
Thank you very much for any suggestions (^v^)
Danny said
Then you negate them. What else?
Eric said
In term of time period, I would like to know on which one is shorter on time frame
1) Blue line
2) Green / Red Line
Do you have any suggestions?
Thank you very much for any suggestions (^v^)
Danny said
There is no time period.
Eric said
I would like to know on what different roles are based on Moon cycle
1) Blue line (How to relate to Moon Activity?)
2) Green / Red Line (Full / New Moon)
Do you have any suggestions?
Thank you very much for any suggestions (^v^)
Danny said
The methods are proprietary. So, I have no further suggestions.
Daniel Postan said
Hi Danny, is this a different software from the regular LT? Do you have it available for sale? Any links? Thanks.
Danny said
The LT wave is not included in the software yet.
LT wave for January 2019 « LunaticTrader said
[…] LT wave had a good month. Expected strength in the first week did not pan out and hardly kept the market up, leading into […]