My system indicates that there is an elevated risk of a turn or acceleration of the current trend on Monday the 23rd and Thursday the 26th of April. The Thursday signal is the more extreme of the two, so I guess it should produce the more interesting event.
Last week's Wednesday the 18th risk window caught a pretty good turn, but yet again it appears that my hope that the intermediate term trend would be resolved in one of last week's risk windows was dead wrong. This big triangle looking formation is certainly taking its sweet time deciding which way it will break. Most punters I have read on the web seem to be betting on a run for the roses to the upside after possibly a little more weakness. A serious break down below the lower triangle trend line would seem to be the contrarian position.
Regards,
Douglas