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This Week's Risk Window


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#1 Douglas

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Posted 09 December 2018 - 07:42 AM

The system points to this Wednesday the 12th as the market day this week most likely to make your pulse race.  

 

The risk window last Thursday the 6th was a really weird duck.  First it was an acceleration down day, then it was a turn up into the close and based on the next day's action, a very short term top, all rolled into one.  If you were long going into it, you got hammered.  If you were short into the afternoon session you got hammered and if you stayed long at the close you got hammered the very next day.  All in all a very risky day.  

 

I'm still looking for that long soft cycle low.  First I thought December the 3rd, then the 6th, now I just don't know, and I'm running out of days in the cycle.  Regardless, unless the cycle is going to stretch even more, it should happen before this coming Friday the 14th.  

 

Regards,

Douglas



#2 bighouse1006

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Posted 10 December 2018 - 08:37 AM

Thanks for the update!