Like last week, the turn probability summation values are elevated for every day this coming week so a turn in the DJIA is likely every day, not much help I'm afraid.  The peak turn summation value is on Friday January 2nd.

As I noted above, last week had relatively high turn probability summation system values every day, but a turn of some degree did appear to occur last Wednesday the 24th, on one of days with a peak turn summation value which I mentioned in last week's post if the DJIA prices continue down in this coming week's trading.

Yesterday (Friday December 26th) the iShares silver trust SLV gained more than 9% and gapped up on enormous volume in what appears to me to be an exhaustion move apparently driven by a squeeze at one of the metals exchanges in which there are reportedly demands to delivery physical silver based on paper contracts in excess of the physical silver held to back them up reminiscent of the Hunt brothers attempt to corner the silver market in 1980.  The Hunt's were thwarted by the exchange changing the rules for silver trading mid-contract.  It will be interesting to see if a similar scenario plays out again this time if powerful people have been trapped short.  Parabolic moves like silver is displaying historically do not end well.

My New Year's resolution this year is to simplify without markedly reducing its accuracy the calculations for the turn probability summation system which I have published here for a quite a while, so expect to see changes in what I present in the coming weeks.  Currently it takes about six hours each week to organize the data and do the calculations.   If I am correct in my predictions, and that is a very big IF given my cracked crystal ball's previous performance, this coming year should see some enormous moves  that will be wonders to behold with turns that must not be missed so an update to the system should be very timely.

Happy New Year,

Douglas

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Merry Christmas and Happy Holidays!

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Merry Christmas (and Happy Holidays)!

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There must about be about $1 trillion in fake orders. The world is AGI charity, will just grow debt to develop artificial general intelligence for common good. LOL