LT wave for April 2019

The LT wave did a pretty good job in March, which is interesting because the projected pattern went against the normal green and red periods: LT wave for March.

This is the wave for April:


Projected weakness in the first week of March came right on target. The subsequent stronger period until the 22nd panned out nicely too, the S&P 500 reached its high for the month on the 21st. The final week of March saw consolidation, in line with expected weakness.

For April a good start is expected with a peak value around the 5th. Then some weakness until the 13th, followed by another strong week with a possible high on the 16th or 17th. The final 10 days of the month are weak again.

As always, especially for newer readers, remember this wave is experimental and doesn’t rely on any market data. Last month’s performance doesn’t guarantee anything for the next month.

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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