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Crowd Forecast News Week #377

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Question #1. Which direction do you think the S&P500 index will move from this coming Monday’s open to Friday’s close?

Higher: 85.7%
Lower: 14.3%
Higher/Lower Difference: 71.4%

Question #2. Rate your confidence in your answer to Question #2 by estimating the probability you have correctly predicted next week’s market move.

Average of All Responses: 70.0%
Average For “Higher” Responses: 65.8%
Average For “Lower” Responses: 95.0%
Higher/Lower Difference: -29.2%

Responses Submitted This Week: 7

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NOTE: The following open-ended answers are solely the opinions of the anonymous respondents to this survey. Responses are mostly unedited, but some have been reformatted slightly for to make them easier to read. Some irrelevant responses (e.g. “none”), or anything obviously fake, or copy and pasted responses have been omitted. All-caps responses have been changed to all lowercase. All responses for each week, unedited, are available in the raw data spreadsheets at TimingResearch.com/data.

Question #3. For your answer to Question #1, please share what specific reason(s) you think the S&P500 will be heading the direction you chose.

“Higher” Respondent Answers:

• vaccine, mainly
• I don’t believe that a “correction” is imminent this week but sometime soon* CV 19 vaccine distribution and greed by institutions will drive it even higher for now* Stimulus talks if positive will drive it up also*
• SPY moved up Friday afternoon through the close. 9 SMA crossed above 20 SMA and 50 SMA on 15 minute chart. SPY peaked Wednesday morning at the open and moved downward until Friday afternoon. MACD, RSI, MFI, and OBV are positive for upward move.

“Lower” Respondent Answers:

• It is reaching a threshold of holding on, to lower. My indicators are showing lower after a short pullback on the Hour charts.

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Question #5. Additional Comments/Questions/Suggestions?

• My opinion: On December 14, 2020, the President of the USA will not vote and the S & P500 will not change radically.
• Because of multiple factors in the world, We will continue to be on the Roller Coaster that We have been on in 2020* Greed by institutions have TOTALLY driven the markets the way that they have been going, up and down, but more up than down recently* Hang on for the continuation of a Wild ride that has been taking place* :-)
• There is a 20% chance of crappy news on Monday, I can’t control that with present means.

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