Jump to content



Photo

Turn Risk Windows Monday and Thursday


  • Please log in to reply
1 reply to this topic

#1 Douglas

Douglas

    Member

  • Traders-Talk User
  • 1,815 posts

Posted 22 April 2018 - 08:38 AM

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



#2 bighouse1006

bighouse1006

    Member

  • Traders-Talk User
  • 577 posts

Posted 22 April 2018 - 02:32 PM

Thanks for the update.