According to my system the risk windows for a turn or acceleration of the current trend this week are today the 9th and Friday the 13th.
The risk window early last week tagged a low and the end of the week risk window which stretches into today appears to be an acceleration event if this morning's futures are any indication of how today will turn out.
I guess this is the start of the so called summer rally. With everyone who's anyone in The Hamptons in the dog days of summer, the volume on this rally should dry up. I guess the next real test will come when all the moneyed return to their trading desks in late August.
Edited by Douglas, 09 July 2018 - 03:58 AM.