According to my turn probability summation system this week the periods with the highest likelihood of seeing a turn in or acceleration of the current trend in the DJIA are Monday August 10th and a window stretching from about noon on Wednesday August 12th through about noon on Friday August 14th, in other words a pretty large piece of the week.  Not terribly helpful, but as I always say, it is what it is.

Last week the turn window had a bullseye catching a top turn of some degree as shown in red on the marketwatch.com plot snippet below.

The triangle that I showed in the weekly crude expecting a turn at the focus did not work out with no distinct important top or bottom exactly at the focus, just kind of close, depending on crude's path this week.

The triangle that I posted in the QQQ in purple which was part of diamond pattern did work out with the focus nicely pointing at a bottom, however, the diamond pattern that it was a part of which includes the green triangle calling for a top broke last week with QQQ moving up gapping at about the focus point level thwarting the pattern's prediction of lower prices.  That gap in the QQQ run up last week is crying out to be filled which will probably happen in the not too distant future.

The BLS drops more inflation magic numbers in the middle of this week.  The drop in energy prices will probably be a drag on the numbers, so good news is likely, but the latest Iranian ceasefire demands might make crude pop offsetting these happy numbers.  Longer term all the funny money printing to pay for the huge budget deficit is bound to keep inflation on the road higher whether the BLS reports it or not.

Regards,

Douglas

Could it be that this 3 day rally is over and were back to volatility?  Interesting that Iran said there was a deal but the market is barely up.  Overnight we sold the daily 7800 calls for $5.10 as I don't mind going outright short there and would love to be assigned as I still think volatility is coming back.  A healthy market stair steps up, straight up markets usually fall right back down again so we'll see....Going to be a fun day for sure....

I think I will soon start to study German given that in the mountains of the upper part of my own region it is commonly spoken and I have no reasons to spend more Summers in this heated 

plain where I currently live where temperatures are now hitting the marvellous level of 39 °C. Fu@k off El Nino and climatic changes, I've got enough. I want to be where daily temperatures don't go  

higher than  27 °C. Where at night you can breathe fresh air and sleep instead of counting the sheeps because of the tropical nights that are occuring.  

If we hit 7790/91 SPX tomorrow, then I would expect a mini crash to fill the gap at 6616 SPX by Monday. The LQ Moon in Taurus phase hits tomorrow night and the next day Venus transits into Libra, while Mercury transits into Leo over the weekend. Also, Mars makes Bi Q, this time to Pluto Rx over the weekend. Everything likely centers around the Iran situation.

Here is Monday's reading:

Aug 10, 2026     2:08 PM   Venus  3 Libra 57 trine Pluto Rx  3 Aquarius 57

Aug 10, 2026     6:02 PM   Venus  4 Libra 07 opposition Neptune Rx  4 Aries 07

The Wed/Mon crash cycle is a Trump signature from April last year! He pumps it up knowing full well it will cause a mini crash. He then pumps it up to new highs, this time very quickly with August 20/21 this year the target top date

I wouldn't expect any difference in late August, but the next time he will certainly get gobsmacked by a failing B wave into early Sept and a C wave crash into around Sept 16. This looks like the set up to me right now.

I see a top tomorrow with a w-x-y Y of "Z" wave, counting 2-2-5 TD's or 9 TD's total. X of "Z" was 9 trading days, Z of "Z" will be the signature 3 TD's. 

There is a Mars BiQ Saturn Rx aspect tomorrow night that could set off the selling. Late Thursday night, we have the negative Sun/Saturn Rx trine which calls for a major top +/- 1-2 trading days.

Monday the 10th will be exactly 19 weeks (91 TD's) from the March 30 low which was about 19 weeks (87 TD's) from Nov 21, 2025. This is about a 38 week low, which basically is a signature 8 to 9 month low.

Boy was I wrong about this rally!

of just how quickly Jeanine Pirro got thrown under the bus. He better be paying attention.