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Risk Windows for the Week of October the 11th


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#1 Douglas

Douglas

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Posted 10 October 2021 - 08:01 AM

According to my risk summation system, the days this coming week with the highest risk of a turn in or acceleration of the current trend in the DJIA are Monday the 11th of October and Thursday the 14th.  The Thursday signal is the stronger of the two.

 

Last week, the Monday risk window was a disappointment, but it did tag the low for the week and a one day wonder rally.  Wednesday's risk window saw a slightly higher low leading to a 1000 point rally which was a bit better, but the Friday risk window was just a dud. 

 

The key risk window centered around October 4th didn't amount to much.  There's another one at the very beginning of November right before the FED is expected to drop the "T" bomb on Wall Street.  Maybe it will be a bit more interesting.

 

Regards,

Douglas