The risk window last Wednesday and Thursday the 1st and 2nd turned out to be dud. The days which appear to have the highest risk of a turn or acceleration of the current trend this coming week are Tuesday and Wednesday the 7th and 8th of November with a slightly stronger signal than last week's dud.
SPX and its advance-decline line are dancing to different music. One or the other will probably change tempo and get back in step this coming week. Given its age, you would think this 3rd wave bear beater should be ready to take a breather, but this old bull might surprise me and get a second wind dragging its fellow party goers back into sync to kick some more ursine butt.
Regards,
Douglas
