Risk Windows for the Week of 11 November

My risk summation system projects that the days this coming week or so with the highest probability of seeing a turn in or acceleration of the current trend in the DJIA are Monday November 11th thru Tuesday the 12th and the following Monday November the 18th.  

Last week  the Monday risk window caught the low for the week, the Wednesday risk window caught the 1500 point Trump blast off and of course I'll have to wait till Monday the 11th to see if the Friday the 8th risk window caught a top of some sort or just a little pause on the rocket road to Nirvana.  

Last week I was right about the Fed cutting a quarter point, I was right for a little while about rising interest rates, but dead wrong about a sell off after the election (so much for buy the rumor, sell the news).  The rally scrapped my EWave count, so I think I'll let the dust settle and my wounds heal for a little while before I publish my next EWave exercise in futility.   A bullish count next time I pinkie swear.

Regards,

Douglas

It was a sad funeral, but the jig was up for the big B wave.  May the big B rest in peace, and long may the new 5th wave bull count below live.  I promised a bullish count and brother did I deliver.  This sucker projects a DJIA top that could be nose bleed high.  Trees can grow to the sky if you water them with enough funny money.  

Meanwhile across the River Styx in the land of real money, gold, the spirit of the B wave haunts the DJIA where it is very much stuck in a long bear market.  Thing look different when you zero out all that funny money with the barbaric relic.   So in Hades the count is still to B or not to B that is if you want real returns. 

Regards,

Douglas

Edited by Douglas, 10 November 2024 - 07:06 PM.