My turn probability summation system predicts that the days this coming week most likely to see a turn in or acceleration of the current trend in the DJIA are Monday February 9th and Wednesday the 11th, however, readings are elevated for every day this coming week, so I would not be surprised to see turns any day. 

Last week the Monday the 2nd risk window in red on the finviz.com plot below tagged the low for the week which showed up early in the morning DJIA futures trading.  The  noon Thursday the 5th thru Friday turn window caught the blast off low, so all in all not a bad week for the system.

At this point it certainly looks like the uppermost green line in the plot above was not a flat top as I postulated, so I appear to have been dead wrong.  The two green lines now look like they encompass a consolidation area in a ongoing bull move.  Of course that massive short squeeze could be reversed early next week given the recent crazy volatility putting a top call back in the game, but for now it just looks like I was wrong.

I'm baffled about the driver for the short squeeze since even though sentiment had cooled quite a bit going into the blast off, it had not gotten excessively bearish according to the surveys that I follow.  So looking elsewhere, I just don't see any really earth shattering good news which would have justified such a massive move in the DJIA.  Maybe all the guys that got out near the top in the metals market were flush with cash and just needed a place to park it.  

Regards,

Douglas

is weak. Today Stellantis tumbling down

https://finance.yahoo.com/quote/STLA/

When the bullish trend is over, in few months, I will get short on that sector 

here is my post from January 5th. Basically I am using Lindsays 3 peak and a domed house chart as a fractal on a much shorter time frame. In the post I state this is how not to read a chart, I believed I saw it forming and wondered what would happen if it was transferred to a smaller time frame. I

Posted 05 January 2026 - 02:43 PM

here is my post from January 5th. Basically I am using Lindsays 3 peak and a domed house chart as a fractal on a much shorter time frame. In the post I state this is how not to read a chart, I believed I saw it forming and wondered what would happen if it was transferred to a smaller time frame. I

Posted 05 January 2026 - 02:43 PM

These are same circumstances like in COVID, there is no bottom when this gets unwind. Somebody tell me that BTC liquidations won't create a credit event with sky high margins, private equity trillions being sunk into worthless data centers consuming megawatts of electricity and unmeasured returns. 

And then you get Peter Green's implosion of passive investments.