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Risk Window This Week and Other Ramblings


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#1 Douglas

Douglas

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Posted 23 November 2020 - 03:44 AM

According to my risk summation system, the day this week with the highest risk of a turn in or acceleration of the current trend is Wednesday November 25th as I noted in previous postings.  

 

Last week the risk summation system got its grove back hitting a top on Monday, a lower top on 'Wednesday and based on futures action this morning in all probability a low on Friday.  Three for three. 

 

In my last post I mentioned an important cycle top that is due sometime late this week or early next week.  That's still the case, but my cracked crystal ball is a lot more concerned with the period around the December new moon on Monday the 14th.  This week it is forecast that some fifty million of you yanks will travel to granny's to overindulge in turkey and all the trimmings.  That could expose a lot of folks to the bug especially vulnerable granny.  Given a median time of about two weeks until serious symptoms develop, there should be a peak in the pandemic right about the time of the new moon.  If the vaccine rolls out in December, maybe this will not just be "a" peak but maybe "the" peak.  That's both bad and good depending on whether you're more worried about granny or the stock market which is supposedly forward looking.  It would appear that the December new moon may mark a low for both the market and granny.

 

Regards,

Douglas