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LT wave for February 2020

Posted by Dan on February 3, 2020

The LT wave did fairly well in January. The month started slow with some downward pressure in the first week. The subsequent stronger period in the middle of January took the market to new record highs. Then weakness kicked in for the remainder of the month, giving back all its gains since January 1st.

Here is the LT wave pattern for February:

ltwaveFeb2020

Weakness in the first days, followed by a strong period until around the 15th. Then some mild weakness until the 21st, followed by strength until the end of February. Overall it looks pretty positive, but remember this method is experimental so don’t bet the farm on it.

Good luck.

One Response to “LT wave for February 2020”

  1. […] LT wave did poorly in February. The climb in the early part of the month panned out well and the market went to new records. But […]

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