LT wave for August 2021

It wasn’t a good month for the LT wave in July. Expected weakness until the 7th did not pan out. Stocks kept rising and there was just a pretty sharp drop around the 19th, instantly followed by a further climb. The expected weakness in the final days only produced sideways action. How does it continue?

For August the LT wave looks like this:


Weakness until the 4th, followed by a strong week until around the 15th. The second half of the months looks significantly weaker.

The usual caveats apply. 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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