LT wave for June 2020
Posted by Danny on June 4, 2020
A couple of days later than normal, but better late than never.
Our LT wave had a mediocre month in May. Expected weakness until around the 20th was just a mild sideways and ended several days earlier than expected. The projected strong finish to the month did pan out nicely however.
Here is how the pattern continues into June:
Very similar to May. A projected weak period until the 20th, with a jump-out peak day on the 10th. The last 10 days of June are expected to be stronger.
Good luck.
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This entry was posted on June 4, 2020 at 12:52 pm 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 2020
Posted by Danny on June 4, 2020
A couple of days later than normal, but better late than never.
Our LT wave had a mediocre month in May. Expected weakness until around the 20th was just a mild sideways and ended several days earlier than expected. The projected strong finish to the month did pan out nicely however.
Here is how the pattern continues into June:
Very similar to May. A projected weak period until the 20th, with a jump-out peak day on the 10th. The last 10 days of June are expected to be stronger.
Good luck.
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Like this:
This entry was posted on June 4, 2020 at 12:52 pm 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.