Jump to content


Risk Windows for the Week of May 24th and a Plot or Two

  • Please log in to reply
No replies to this topic

#1 Douglas



  • Traders-Talk User
  • 1,276 posts

Posted 22 May 2021 - 05:40 AM

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 Tuesday May 25th and Thursday the 27th.  The risk patterns recently have been more scattered than normal.  I'm sure that is  foretelling something, but I'm just not sure what "that" is since I haven't seen this sort of behaviour before.  


Last week's Monday the 17th risk turn window was part of a pair with the previous Friday the 14th.  The DJIA turn occurred in the May 14th risk window part of the risk window pair.  The DJIA appears to have made some sort of very short term top in the Friday the 21st risk window, but I'll reserve final judgement until I see what happens this coming Monday the 24th.  


A pretty accurate long term Fibonacci cycle and a reliable mirror cycle turn at the end of this coming week which adds special interest to the May 27th risk window and may also drag its turn into Friday morning depending on when these two reliable cycles actually get traction.   


I know that I post a lot of trend line type turns that never seem to work out, but they are so amazingly symmetrical that I just can't help myself.  The interior trend line in the plot below caught my eye this past week.  Given my dismal history with these sort of things, I'm sure it will disappoint me too.




The long 167 trading day cycle below has also had some good hits.  I'm guessing that maybe the current turn will look something like the one in early 2020, a little "V" shaped affair, but there's no way of knowing.