Week 108 Report – Crowd Forecast Indicator Prediction: 63% Lower
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 and everyone’s comments on attending live events.
NEW! TimingResearch Crowd Forecast Indicator Prediction: 63% Lower
Last week’s overall sentiment was incorrect as the S&P500 gained 0.87% for the week, however the first Crowd Forecast Indicator Prediction of 58% Higher was correct. This week the overall sentiment is strongly bullish (difference is greater than 10%) with higher average confidence on the bearish side (difference greater than 5%). Similar conditions have occurred 8 times previously since this project started, resulting in a correct prediction for the overall sentiment only 37% of the time and an average change for these weeks of a drop of 1.06%. This is the first time these conditions have occurred in 9 weeks. Based on that history, the TimingResearch Crowd Forecast Indicator is estimating a 63% chance that the S&P500 will go down this coming week.
Click here to download TRReport101815.pdf
You can download all past reports here.
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Each week several top trading experts discuss the above report report and give their thoughts about current market conditions. Fill out the survey each week, then watch the show to compare your opinions with the experts!
Date and Time:
– Monday , October 19, 2015
– 1PM ET (10AM PT)
Guests:
– Roy Swanson of SteadyTrader.com
– Michael Filighera of LogicalSignals.com
– Ed Carlson of SeattleTechnicalAdvisors.com
– Jonathan Rose of ActiveDayTrader.com
Host:
– Matthew Buckley of TopGunOptions.com
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