According to my risk summation system, the day this week with the highest risk of a turn in or acceleration of the current trend in the DJIA is Friday the 12th of March. There is also a more nebulous risk window which falls somewhere between Tuesday the 9th and Wednesday the 10th depending on the weighting I use on a few of my cycle indicators. Maybe it falls somewhere from Tuesday afternoon to Wednesday morning just to narrow it down to one "day".
This past week's Monday risk window saw a big rally into a local top then a low in the Thursday-Friday risk window. That turn up late last week may be very short lived if folks sell the relief bill passage news on Monday (they certainly bought the rumour).
Regards,
Douglas
