The LT wave had another good month in November.
The projected weakness in the first week produced a 200 point pullback. A then stocks bounced back in the subsequent stronger period. The final weeks were just a flat sideways around the 4k level until the very last day when the market burst to new rebound highs.
Here is the LT wave for December:
Strength to continue until around the 4th. Then a weaker period until the 13th. After a few stronger days this weakness returns until the 23rd. The final week of December looks stronger again.
Normal caveats apply: the LT wave is experimental and doesn’t use any market or price inputs. Don’t bet the farm on it.
Referring to following comment,
Lunar red period is between 5 Dec to 18 Dec
“Strength to continue until around the 4th. Then a weaker period until the 13th.”
Referring to Lunar red period between 14 Dec to 18 Dec, it supposes to be weaker period.
I would like to know on what other factor would make period 14 Dec to 18 Dec to be stronger periods.
Do you have any suggestions?
Thank you very much for any suggestions (^v^)
The algo for the LT wave is not public.