LT wave for June 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.

By Dan

Author of LunaticTrader and Reversal Levels method. Stock market forecasts based on proprietary indicators, seasonal patterns and moon cycles.

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