Member
Posted 01 April 2018 - 05:28 PM
The risk windows for a turn or acceleration of the current trend this week according to the cycle analysis bit of my system are Monday the 2nd of April and Friday the 6th of April. The short term trading bit of the system has been screaming buy for a few days now. The longer term trading bit of the system is not so sanguine.
Regards,
Douglas
Member
Posted 01 April 2018 - 05:44 PM
Thanks for the update... I updated Doug-ToA on my calendar!
Member
Posted 03 April 2018 - 04:46 AM
A turn came right on schedule in the risk window yesterday. Amazingly the buy-the-dippers hit it hard late yesterday reversing the trend driving the closing tick to an overbought +782 according to www.stockcharts.com. I don't have a risk window system indication for a whipsaw since the next risk window is several days away on Friday the 6th, but late yesterday's action sure smelled like one in the offing.
Given the high number of risk turns yesterday, I thought we would finally get clarity as to whether this is a Teddy or a Grizzly bear market, but the late day reversal appears to have postponed enlightenment until the next big risk window on Wednesday the 11th of April. Surely by then I'll achieve market zen.
Regards,
Douglas
