According to my risk summation system the day this week with the highest risk of a turn in or acceleration of the current down trend is today, Monday the 29th continuing into the open on Tuesday the 30th. Given all the web chatter about a positive surprise in the jobless number this coming Thursday July the 2nd and its respectable number of risk cycle turns in my system, it also should be included in the list of turn risk days this week but probably sucking hind tit to the risk window earlier in the week.
Last week's risk summation was a mess and the trading week was also a mess with a big rally in the risk window Monday, a top in the risk window Tuesday, and sharp sell offs in the Wednesday and Friday risk windows.
It's crazy out there. Wear your mask, your glasses, a hard hat, gloves, jockstrap and any other PPE you can find in the closet, or better yet just stay in the closet.
Edited by Douglas, 29 June 2020 - 03:12 AM.