Crowd Forecast News Report #235
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: TRReport032518.pdf
TimingResearch Crowd Forecast Prediction: 80% Chance Higher
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 63.2% Higher, and the Crowd Forecast Indicator prediction was 57% Chance Higher; the S&P500 closed 5.59% Lower for the week. This week’s majority sentiment from the survey is 58.0% Lower with a greater average confidence from those who responded Lower. Similar conditions have been observed 10 times in the previous 234 weeks, with the majority sentiment being correct 20% of the time, with an average S&P500 move for the week of 0.64% Higher during those weeks. Based on that history, the TimingResearch Crowd Forecast Indicator is forecasting 80% Chance Higher for this coming week.
You can download any past report here.
Join us for this week’s shows:
Crowd Forecast News Episode #175
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 26th, 2018
– 1PM ET (10AM PT)
Guests:
– Glenn Thompson of PacificTradingAcademy.com
– Neil Batho of TraderReview.net
– Roy Swanson of SteadyTrader.com
Moderator:
– Michael Filighera of LogicalSignals.com
Analyze Your Trade Episode #28
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 27th, 2018
– 4:30PM ET (1:30PM PT)
Guests:
– Christian Fromhertz of TribecaTradeGroup.com
– Mike Pisani of AlphaShark.com
– TBA
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.
