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 the 27th of July and Friday the 30th. FED funny money Wednesday didn't make the list, but maybe there's so little chance of reality escaping from the fawning lips of anyone at that presser nowadays that it's a non-event.
Last week's Monday the 19th risk window tagged the one day plunge bottom. Whether or not the Friday the 23rd risk window tagged a top of some degree will have to wait on Monday the 26th's action.
The 72 week cycle turn that I have been droning on about doesn't seem to be having much of an impact on the never ending ethereal market up trend. The next turn predicted by it should occur in the first or second week of August.
Regards,
Douglas
