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  200 Views · 2 Replies ( Last reply by da_cheif )


Turn Risk Window for Next Week

22 Feb 2020

Posted by Douglas in Fearless Forecasters

According to my system the days with the highest risk of turn or acceleration of the current trend next week are Monday February 24th and to a lesser degree Wednesday February 26th.  The 24th signal is the highest in a while, so anything other than a sharp turn up or a slam down will be considered an abject failure.  Since the DJIA fell into the end of last week, the system's turn prediction for Monday would be up and the acceleration would be down hard.


In last week's Tuesday turn risk window the DJIA did turn up mid-morning, but it was a one day wonder reversing and turning back down the very next day in the Wednesday turn risk window.  Even though both days caught turns, I think I have to call these whipsaw risk windows duds, for sure the Tuesday one.  If the market accelerates down Monday the 24th, the Wednesday the 19th one might squeak by with a useful grade.


The Pound tried to turn down last week only to be forced back up towards that $1.3 resistance line.  My system is still forecasting lower Pound prices, but it sure is taking its sweet time getting there.  




  284 Views · 3 Replies ( Last reply by Douglas )


Nothing has changed longer term

22 Feb 2020

Posted by CLK in Fearless Forecasters

NYAD printed a new high Thursday. This correction, even with the Coronavirus should not exceed 6%,

10% max.



  360 Views · 4 Replies ( Last reply by skott )


dow Qtr cycles

22 Feb 2020

Posted by AChartist in Fearless Forecasters

I looks like a low in 3 qtrs figure early bottom in Oct or late cycle in the spring '21,


the high in 2.5 to 3 years.


I did a real good sell of stk funds in 401k jeeping the gold part on Tues but should have done more.

  184 Views · 0 Replies


Is the Checkmark swing top in on NAZ?

21 Feb 2020

Posted by K Wave in Fearless Forecasters

Massive divergence on summation as checkmark completed....


Thinking 8400-8700 doable if that summation keeps in truckin' downside for a while....



  238 Views · 1 Replies ( Last reply by humbled )

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