According to my risk summation system, the days with the highest risk of a turn in or acceleration of the current trend in the DJIA are Wednesday the 7th and Friday the 9th of April.
This past week's Monday risk window tagged the high for the week and the Thursday risk window tagged a low neither of which were really exciting enough to merit being called a risk window. I suppose it's something like looking gift horses in the mouth.
In last week's post I mentioned a couple of very high risk, very low probability, roughly semi-annual cycles which will turn at the end of this coming week more or less on April 8th and 9th. They have caught extremely large sell offs in the past but only about once every 10 or so times that they turn. Lousy odds probably made even worse by the current boundless fountain of FED funny money flowing down Wall Street.
Edited by Douglas, 03 April 2021 - 11:59 AM.