The next risk window for a turn or trend acceleration is unfortunately a bit amorphous with risk cycle turns scattered over the 15th,16th and 17th of February. If push came to shove, I guess the best bet would have to be Tuesday the 16th which sits in the middle of cloud, but it's not a high confidence call. I believe a better way to think about it is that the system perceives a risk for a turn or acceleration of the trend between the beginning and middle of next week.
Despite folks like Kyle Bass running around furiously slapping black paint on the China bird, no black swan has clearly emerged to create the 3rd wave down of this bear market. A rally out of one the forthcoming risk windows to reset sentiment a bit is overdue, but not necessary if the big black bird of destiny appears in the skies overhead.
Regards,
Douglas
