According to my system the day this coming week with the highest risk of a turn or an acceleration of the current up trend is Tuesday the 22nd of January.
Last week's Tuesday risk window caught the turn back up after an very brief turn down. The Thursday the 17th risk window was a garden variety dud. There's been an abnormal number of dud risk windows these past few weeks. That's an indication of a strong movement where risk is ignored and the trend adored. If the batting average of the risk windows improves, it will be a clear indication that this 3rd wave is winding down.
The happy times are here again chorus is starting to get loud enough for it to start showing up in sentiment figures. One survey I follow has 73% bulls at the end of this week, up from a low of 4% just before Christmas. Laissez les bon temps rouler, again!
Regards,
Douglas