1 reply to this topic

[Douglas]

The Tuesday 17th October risk window appears to have been a dud except for picking up a small top in the NASDAQ.  Yesterday's risk window picked up a one day wonder low assuming the futures hold their gains from last night.  Both are disappointing, but typical of 3rd wave behaviour where all attempts at a turn are crushed.  In the black hole 3rd wave world it's buy the rumour, buy the news, buy the dip and even buy the divergence!  Until the 3rd wave dragon eats its fill of bear meat, risk windows are likely to only have a muted effect at best.  I leave it to the Elliotticians on the board to say when that fateful day will arrive.

 

All that being said, in the spirit of hope over better judgement next week's risk windows at this point appear to be Tuesday the 24th and a weaker Friday the 27th. 

 

Regards,

Douglas

[12SPX]

The Tuesday 17th October risk window appears to have been a dud except for picking up a small top in the NASDAQ.  Yesterday's risk window picked up a one day wonder low assuming the futures hold their gains from last night.  Both are disappointing, but typical of 3rd wave behaviour where all attempts at a turn are crushed.  In the black hole 3rd wave world it's buy the rumour, buy the news, buy the dip and even buy the divergence!  Until the 3rd wave dragon eats its fill of bear meat, risk windows are likely to only have a muted effect at best.  I leave it to the Elliotticians on the board to say when that fateful day will arrive.

 

All that being said, in the spirit of hope over better judgement next week's risk windows at this point appear to be Tuesday the 24th and a weaker Friday the 27th. 

 

Regards,

Douglas

They did and it ate them too lol!!  Why have a healthy market that has volatility when you can drive it up up up and then eventually crash it back down to new higher support.