LT wave for June 2019
Posted by Danny on June 3, 2019
The LT wave for May did a fair job. The neutral readings in the first week gave more downside action than expected. The stronger second week produced the only multi-day rally attempt of the month. And the second half of May was as weak as projected by the wave. Not bad.
Here is the expected pattern for June:
Weakness ends around the 3rd and gives way to a more positive week with a peak value around the 7th. The second half of the month is projected to be weaker again.
Good luck.
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This entry was posted on June 3, 2019 at 6:42 am and is filed under Market Commentary.
Tagged: LT wave. You can follow any responses to this entry through the RSS 2.0 feed.
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LT wave for June 2019
Posted by Danny on June 3, 2019
The LT wave for May did a fair job. The neutral readings in the first week gave more downside action than expected. The stronger second week produced the only multi-day rally attempt of the month. And the second half of May was as weak as projected by the wave. Not bad.
Here is the expected pattern for June:
Weakness ends around the 3rd and gives way to a more positive week with a peak value around the 7th. The second half of the month is projected to be weaker again.
Good luck.
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This entry was posted on June 3, 2019 at 6:42 am and is filed under Market Commentary. Tagged: LT wave. 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.