LunaticTrader

Investing with the Moon

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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:

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.

This entry was posted on June 3, 2019 at 6:42 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.

One Response to “LT wave for June 2019”

  1. LT wave for July 2019 « LunaticTrader said

    July 1, 2019 at 12:18 pm

    […] 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 […]

    Reply

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