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Douglas Trading System


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#1 Douglas

Douglas

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Posted 28 October 2017 - 01:40 PM

The risk window for a turn or acceleration of the current trend this coming week appears at this point to be Wednesday and Thursday the 1st and 2nd of November.  Both days have the same number of risk cycle turns so its hard to pick a favourite between them, but given the FED meeting, Wednesday probably has the upper hand.

 

This past week the October 24th risk window caught what appears to have been a minor top in the DJIA.  The jury is still out on Friday's risk window since its place in the scheme of things depends on the action early this coming week.  The risk windows haven't had a big catch in a while in this steady up trend.

 

Talk about beating double bad karma.  This very eerie Energizer Bunny market is merrily whistling past the historic October 7th year market graveyard.  With Halloween only two trading days away something spooky is very overdue.  The system remains long RYDHX. 

 

Regards,

Douglas