Crowd Forecast News Report #233
The new TimingResearch report for the week has been posted, click on the link below to view the full report including the update on sentiment numbers.
Click here to download the report: TRReport031118.pdf
TimingResearch Crowd Forecast Prediction: 54% Chance Lower
This indicator prediction is an attempt by the editor of this newsletter to use the full 4+ year history of data collected from this project to forecast a probability estimate for whether this week’s sentiment is going to be correct and ultimately what the markets will do this coming week.
Details: Last week’s majority sentiment was 58.5% Higher, and the Crowd Forecast Indicator prediction was 64% Chance Lower; the S&P500 closed 3.94% Higher for the week. This week’s majority sentiment from the survey is 72.0% Higher with a greater average confidence from those who responded Higher. Similar conditions have been observed 13 times in the previous 232 weeks, with the majority sentiment being correct 46% of the time, with an average S&P500 move for the week of 0.17% Lower during those weeks. Based on that history, the TimingResearch Crowd Forecast Indicator is forecasting 54% Chance Lower for this coming week.
You can download any past report here.
Join us for this week’s shows:
Crowd Forecast News Episode #173
This week’s show will feature a discussion with the trading experts listed below about the most recent TimingResearch Crowd Forecast Newsletter report, where they think the S&P500 is headed, what they are watching for in the markets currently, and their best trading idea.
Date and Time:
– Monday, March 12th, 2018
– 1PM ET (10AM PT)
Guests:
– Simon Klein of TradeSmart4x.com
– Vince Vora of TradingWins.com
– Roy Swanson of SteadyTrader.com
– Anka Metcalf of TradeOutLoud.com
Moderator:
– E. Matthew “Whiz” Buckley of TopGunOptions.com
Analyze Your Trade Episode #27
When you register, you will be prompted to list the top 5 stocks that you are interested in trading. We will list the top 5 from all registrants and our experts will be prepared to offer their opinions on these trades.
Date and Time:
– Tuesday, March 13th, 2018
– 4:30PM ET (1:30PM PT)
Guests:
– Jim Kenney of OptionProfessor.com
– Larry Gaines of PowerCycleTrading.com
– John Thomas of MadHedgeFundTrader.com
Moderator:
– Dean Jenkins of FollowMeTrades.com
Partner Offer:
It looks like a little “fish hook” on the charts…
Whenever Jason Bond spots this weird pattern, he dips his line on the water. Most of the time, he reels in a profit.