The LT wave had a poor month in August.
The market crashed almost 10% in what was still supposed to be a strong period. That threw off the normal pattern and the index then rebounded strongly in what was to be a weaker period. The second half of the month saw sideways price action. Things like that happen and we would get rich very easily if there was a way to predict when it will happen. Here is the LT wave for September:
September is projected to start with a strong first week. There is a very high peak in the blue curve on the 4th and that could mark a top. The second week is supposed to be weak, followed by a slightly stronger third week. But the pattern gradually turns into mishmash from the 17th onwards. So from the lunar cycle point of view that is neutral. More we can not say.
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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