Jump to content



Photo

Elevated Risk of Turn Tuesday and Wednesday


  • Please log in to reply
2 replies to this topic

#1 Douglas

Douglas

    Member

  • Traders-Talk User
  • 1,832 posts

Posted 10 November 2018 - 01:49 PM

The risk window for a turn or acceleration of the current trend this week is Tuesday and Wednesday the 13th and 14th. 

 

According to a rough gaze I did this weekend into the risk numbers for the near future, the next risk window with a whole bunch of risk turns appears to be Monday the 3rd of December.  There should be a couple of other risk windows between now and then which I still need to flesh out, but that early December one should pack quite a punch.  

 

Regards,

Douglas

 

 



#2 Douglas

Douglas

    Member

  • Traders-Talk User
  • 1,832 posts

Posted 10 November 2018 - 02:03 PM

I should have noted that Monday is also what I believe to be the end of the risk window which began last Friday the 9th.  I assume, based on nothing, that the turn for that window happened on Friday.  It is possible that Monday is an entirely separate risk window from Friday which could see either a reversal upward in the DJIA or an acceleration down.  If that's the case, then the Tuesday-Wednesday risk window should either reverse or accelerate what ever happens Monday creating what I like to  lovingly call a whipsaw buzz saw. 

 

Douglas



#3 bighouse1006

bighouse1006

    Member

  • Traders-Talk User
  • 577 posts

Posted 10 November 2018 - 03:37 PM

Appreciate the update!