LunaticTrader

Investing with the Moon

LT wave for June 2021

Posted by Danny on June 1, 2021

The month of May wasn’t easy to navigate, and the LT wave did ok, not perfect of course. Expected early month weakness until the 13th gave us a drop to 4060. The subsequent stronger period until the 22nd saw the market recover most of those losses. But projected weakness in the final week did not pan out. The market just stayed flat near the 4200 level.

For June the LT wave continues like this:

ltwavejun2021

Weakness is supposed to continue until the 6th or 7th. Then a stronger week is projected until the 17nd.

The final 10 days of the month are again weaker, but coming back to neutral on the final days.

The usual caveats apply. Good luck.

One Response to “LT wave for June 2021”

  1. […] was a weird month for the LT wave price projection. Expected weakness in the 1st week came on target, but was mild. […]

Post a comment (disagreement also welcome):

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

 
%d bloggers like this: