https://sevensentine...r-market-cycle/

According to my risk summation system, the day with the highest risk of seeing a turn in or acceleration of the current trend in the DJIA is Monday April 21st.  Due to the relative high signal reading on Tuesday, this risk window may well stretch into Tuesday morning.  There is also a relatively high risk summation value on Thursday the 24th, but that day merits watching for another more pressing reason noted below.

Last week the risk summation system Monday risk window tagged a nice top.  I also noted higher than normal risk Tuesday thru Thursday which saw the DJIA drop 1500 points, so the system was hitting on all cylinders last week.

To add icing to the cake, the little double top that I noted on Monday also worked out and then morphed into a rounding top adding fuel to the fire.

Speaking of fire, according to my crash risk system, we head once more into the breach this week with a crash risk window stretching from Thursday the 24th through about Tuesday the 29th.  As with all these cotton picking crash risk windows, the likelihood of any particular one of them working out is pretty darned low.  Plus the set up for this one is not nearly as solid as the previous one in late March early April culminating in the 5000 DJIA drop during tariff fun week.

Speaking of the POTUS, this past week he hinted that he might "fire" Powell in the very near future if Powell didn't immediately acquiesce and cut rates.  If Trump does, or even tries to fire Powell, keep your eye on the dollar, or rather what tattered, shredded bits that will be left of the dollar.   This week is positively filled with Fed heads hitting the stump making hot air.  It will be interesting to see if any of them mention this risk. 

Regards,

Douglas

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If the registration module isn't working for you, you can message us here or at admin@ this site and we'll set you up.

Remember, "Partially Long (or Short)" means less than your normal full position. E.g., If you typically use leverage, then 100% long would be "Partially Long".



Check out past Poll results here: http://www.traders-t...n-poll-archive/