The highest reading in my turn probability summation system this week occurs on Tuesday April 28th, but the values on Monday and Wednesday are so high that this turn window should probably stretch from around noon on Monday the 27th until noon on Wednesday the 29th. The summation value is also high enough on Friday June 1st that it should also be considered a turn window. Unfortunately not very targeted at all, but that's just the way it's been lately.
Last week the DJIA just bounced around in a range, I suppose digesting the big runup of the last several weeks, so neither turn window denoted in red in the marketwatch.com plot below tagged anything to get all that excited about. I'm a little surprised more didn't happen last week, because several pretty reliable weekly cycles that I track all turned last week, but the DJIA just laid there like a lox even though black swan risks seemingly abound, even at the Correspondents' Dinner of all places.
Regards,
Douglas
