According to my risk summation system, the days over the next week or so with higher than normal risk of seeing a turn in or acceleration of the current trend in the DJIA are Monday March 18th which may be part of a two day window with Friday the 15th, Fed day Wednesday March 20th and the following Monday March 25th.
Last week the Monday-Tuesday risk window caught the low for the week and a nice short lived rally. The Friday March 15th risk window may be part of a two window with Monday the 18th, so it's fate is still up in the air.
The top on Wednesday the 13th was the most interesting turn last week and unfortunately was not caught by my system. If it holds for the next couple of weeks, my EWave count gets real exciting going into the first week of April.
Some weeks ago I posted a plot of the "real DJIA" priced in gold. Below is an update of that plot. The contracting triangle is still holding. No breakout yet.
Regards,
Douglas
