Crowd Forecast Report #202 – Indicator: 53% Chance Higher

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: TRReport080617.pdf

TimingResearch Crowd Forecast Prediction: 53% Chance Higher

This indicator prediction is an attempt by the editor of this newsletter to use the full 3+ 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 52% Lower, and the Crowd Forecast Indicator prediction was 57% Chance Lower; the S&P500 closed higher 0.04% for the week. This week’s majority sentiment is slightly Lower with a strongly higher average confidence on the bullish side. Similar conditions have been observed 17 times in the previous 201 weeks, with the majority sentiment being correct 47% of the time, with an average S&P500 move for the week of lower 0.03% during those weeks. Based on that history, the TimingResearch Crowd Forecast Indicator is forecasting 53% Chance Higher for this coming week.

You can download any past report here.

TimingResearch.com Web Show – Episode #148

Date and Time:
– Monday, August 7th, 2017
– 1PM ET (10AM PT)

Description:
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.

Guests:
– Andrew Keene of AlphaShark.com
– Fausto Pugliese of CyberTradingUniversity.com
– Jim Kenney of OptionProfessor.com

Moderator:
– Rob Hanna of InvestiQuant.com

Click here to register to watch the show live and get the archive!