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Risk Window for Week of March 4th


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#1 Douglas

Douglas

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Posted 03 March 2024 - 04:41 PM

According to my risk summation system, the day this coming week with the highest risk of seeing a turn in or acceleration of the current up trend in the DJIA is Monday March 4th.  There is a also a smaller peak on  Wednesday the 6th which I would normally ignore, but J. Powell will be doing his HH testimony that day and could rally or rattle the markets if he says anything new.  

 

Last week the Tuesday the 27th risk window just missed tagging the week's low on Wednesday morning, but a miss is a miss so it goes in the dud bucket.  

 

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Regards,

Douglas