LT wave for April 2023

The LT wave performed a bit better in March.

The expected strong period in the beginning of the month saw the market rally, but then rolled over a few days earlier than expected. The middle week, which was expected to be weak, brought panic mood around banking, but the market bottomed a bit earlier than expected again. The market then rallied off this mid-month low and finished March on a strong note.

Here is the LT wave pattern for April. I am starting to use the new visual format, which will be available to the LunaticTrader program users soon. Click image for larger view:

The LT wave starts April on a strong note, but that is supposed give way to some extended weakness fairly quickly. This weak period ends around the 17th, with the rest of the month stronger again.

Normal caveats apply: the LT wave is experimental and purely based on natural cycles, so doesn’t use any market or price inputs. Don’t bet the farm on it.

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