LunaticTrader

Investing with the Moon

LT wave for May 2019

Posted by Danny on May 1, 2019

The LT wave for April has been pretty useless. In a one way market there is little or no space for cycles to asset themselves. That’s how it goes sometimes. Sooner or later more normal patterns will return.

Here is the LT wave for May:

ltwaveMay2019

The wave did reasonably well until the middle of the April. But expected weakness in the final 10 days completely failed to show up and market climbed to new record highs instead.

The LT wave for May stays close to neutral line until the 10th. Then there is a brief positive period until the 15th. The second half of the month is projected to be weak again.

Good luck.

3 Responses to “LT wave for May 2019”

  1. gross said

    hi thank you for the lt wave it helps in trading

  2. Idris Bengali said

    Danny Greetings… you had talked about including the LT Wave in Lunatic Trader…, many moons ago

  3. […] LT wave for May did a fair job. The neutral readings in the first week gave more downside action than expected. The […]

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