According to my risk summation system the days next week with the highest risk of a turn in or acceleration of the current trend are Thursday the 9th and Friday the 10th of July. Monday July 13th of the following week also appears to be a risk window so something interesting appears to be in store at the end of next week.
This week the risk summation system appears to have made two direct hits Monday and Thursday. So far the long risk cycles that I noted last week have failed to turn the DJIA down in any substantial way. Maybe the cluster starting at the end of this coming week will finally clarify if these long cycle can still pack a punch.
The UK has decided to observe the US independence day 4th celebration by opening pubs this Saturday for the first time since March. It's all part of a government test to see if alcohol consumed in mass quantities can kill corona. Thousand upon thousands have bravely volunteered for this trial. Saturday afternoon while you yanks are cleaning up your barbeque mess, please just take a minute to remember all the hungover brits who are staggering home after having given their all at their local watering hole for science.
Regards,
Douglas
Edited by Douglas, 03 July 2020 - 12:13 PM.