A turn came right on schedule in the risk window yesterday. Amazingly the buy-the-dippers hit it hard late yesterday reversing the trend driving the closing tick to an overbought +782 according to www.stockcharts.com. I don't have a risk window system indication for a whipsaw since the next risk window is several days away on Friday the 6th, but late yesterday's action sure smelled like one in the offing.
Given the high number of risk turns yesterday, I thought we would finally get clarity as to whether this is a Teddy or a Grizzly bear market, but the late day reversal appears to have postponed enlightenment until the next big risk window on Wednesday the 11th of April. Surely by then I'll achieve market zen.
Regards,
Douglas