According to my turn probability summation system, the days this week with the highest likelihood of seeing a turn in or acceleration of the current trend in the DJIA are Tuesday November 3rd and Friday the 6th.

Last week the Thursday October 29th turn window tagged a top and sharp turn down.  The actual top occurred early in the morning in the futures market as shown in the red bracket on the finviz.com plot excerpt below, with the turn down well underway by the time the cash market opened.

As I posited in last week's turn window post, the Fed did nothing but give lip service to lowering inflation which apparently is OK with the bond market which basically ended the week just about where it started despite the lack of Fed action on the very bane to its value, go figure.

Finally as I mentioned in the last couple of weekly posts, this week is the next crash risk window.  With the election, two wars about to heat up again and AI mania starting to show cracks, there is no shortage of potential sources of a black swan needed for the big bang to occur.  The probability is still awfully low, but definitely not zero for this one.

Regards,

Douglas

That's why I don't like to trade nasdaq stocks, they can lose 30% in one day. Last year I was on gold miners that are traded in the US stock market, but it was different because I was 100% sure

they were due to rise strongly. Losing 30% in one day is a disaster. I think that is just the prelude of what we will see next year. All the bla-bla talking about AI and the techs is just aiming at hiding 

that the tech sector is in a bubble. I don't think it bursts now, but next year it will, I believe.  

eom

to go in to the capital markets for $20 Billion" lol They have a Trillion dollars in off balance sheet transactions and are cuting capex. These guys are too much. (JMHO)

Communism is freedom and prosperity................for the few belonging to the gang, slavery and poverty for the rest of population.