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Risk Windows This Week


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#1 Douglas

Douglas

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Posted 12 October 2020 - 04:49 AM

According to my risk summation system, the day with the highest risk of a turn in or acceleration of the current trend this week is Friday October 16th.  There is also some sort of risk mosh pit at the front of the week roughly centered around Tuesday the 13th, but it's much more ill constructed than the one at the end of the week.

 

Last week my "W" forecast was looking great until Thursday which went up instead of down.  Oh well, there's only a 1 in 243 chance of guessing the week's pattern.  I suppose four out of five ain't bad.  

 

That 2nd & 3rd of September DJIA top has a target on it's back and appears to be only one "vaccine soon tweet" away from being shot down this week.  New top or not, this week should be pivotal since it contains Boris's BREXIT deadline, the new moon and possibly polls that may show a giant blue wave in the US election.  Any one of those has market moving potential and October just loves to host that sort of party.  

 

Regards,

Douglas