Week 109 Report – Crowd Forecast Indicator: 56% Chance 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 the Democratic Presidential Debate.
NEW! TimingResearch Crowd Forecast Indicator Prediction: 56% Chance Lower
This indicator prediction is an attempt by the editor of this newsletter to use the full 2+ 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. This week’s majority sentiment is “Higher” with a greater than 5% difference between the Higher and Lower sides, but there is higher average confidence on the Lower side. Similar conditions have been observed 25 times since the start of this project with the majority sentiment being correct only 44% of the time with an average S&P500 move of -0.60% during those 25 weeks. Based on that history, the TimingResearch Crowd Forecast Indicator is estimating a 56% chance that the S&P500 will go down this coming week.
Click here to download TRReport102515.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 26, 2015
– 1PM ET (10AM PT)
Guests:
– Doug Robertson of TopGunOptions.com
– Neil Batho of TraderReview.net
– Jim Kenney of OptionProfessor.com
– Glenn Thompson of PacificTradingAcademy.com
Host:
– Jonathan Rose of ActiveDayTrader.com
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