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.

This entry was posted on May 1, 2019 at 8:31 am and is filed under Market Commentary. Tagged: . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

3 Responses to “LT wave for May 2019”

  1. gross said

    May 2, 2019 at 7:02 pm

    hi thank you for the lt wave it helps in trading

    Reply

  2. Idris Bengali said

    May 31, 2019 at 10:35 pm

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

    Reply

  3. LT wave for June 2019 « LunaticTrader said

    June 3, 2019 at 6:42 am

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

    Reply

Leave a Reply to Idris Bengali Cancel reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google photo

You are commenting using your Google account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s

«
»
 
%d bloggers like this: