eom

heads higher. (jmho)    https://schrts.co/gpKqBYTH

the longer the strait of Hormuz remains blocked, the more evident it is which one is winning the war. However there's a consideration  that must be done. This is not a war that Europe has begun

and that is true, but given that the Iranian decision to block  the strait of Hormuz is strongly damaging our economies, I think that if Europe had balls, it would send all of its fleets to that strait

to free navigation through it and would also cancel from the Earth's surface all those bearded cave men who are in charge in Iran. A couple of missiles on the heads of those bearded troglodytes who

represent the Iranian government, would do nothing bad to the world's health.  

https://www.yahoo.co...-141004060.html

According to my turn probability summation system, next week the days with the highest likelihood of seeing a turn in or acceleration of the current trend in the DJIA are Monday June 8th which is probably part of wider window stretching back to last Friday June 5th and a turn window centered on Wednesday June 10th. 

Last week the Monday noon through Tuesday June 2nd turn window looked like it tagged a top going into Wednesday in the marketwatch.com plot below excerpt, but then came the scorching rally Thursday blowing those bears to smithereens, so a dud.  The Friday the 5th turn window, as I note above, is probably part of a larger window stretching through this coming Monday, so that turn window will only avoid dud status if the turn down can survive the dip buyers that will surely come out of the woodwork Monday.  

The Wednesday next week turn window should definitely see some volatility given the CPI numbers being released that morning, unless, of course, the data has been massaged into complete fiction by the numbers fudgers. 

The key appears to me to be the green lower trend line in the modified marketwatch.com plot below.  If it holds, then you're back on the high road to Nirvana, if it fails, then the low road to Bear City, at least until the next Peace in Our Time Iran War Tweet from the POTUS.

Regards,

Douglas