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LT wave for June 2019

Posted by Dan 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:

ltwaveJun2019

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.

One Response to “LT wave for June 2019”

  1. […] was not an easy month for trading our LT wave: https://lunatictrader.com/2019/06/03/lt-wave-for-june-2019/ Expected strength in the first week pushed the S&P back above 2900. The weaker second half of […]

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