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#1 Douglas

Douglas

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Posted 28 July 2017 - 06:09 AM

The Wednesday July 26th risk window appears to have roughly tagged a top of some degree. The system is still long RYDHX, but I expect it to be stopped out today unless another whipsaw up develops (a.k.a. FED panic gum flapping).

The next risk window appears to be this coming Monday the 31st of July into the morning of Tuesday the 1st of August. End of months and first few days of months tend to be strong due to automatic investment flows, so you have to think it will be a low, but these are strange times. An acceleration event down (~20% chance according to risk window history) is also possible if a correction of some degree is in the cards. That would catch a lot of folks flat-footed given the time of month.

Regards,
Douglas