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Crowd Forecast News Week #378

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Question #1. Which direction do you think the S&P500 index will move from this coming Monday’s open to Friday’s close?

Higher: 68.4%
Lower: 31.6%
Higher/Lower Difference: 36.8%

Question #2. Rate your confidence in your answer to Question #2 by estimating the probability you have correctly predicted next week’s market move.

Average of All Responses: 69.7%
Average For “Higher” Responses: 69.6%
Average For “Lower” Responses: 70.0%
Higher/Lower Difference: -0.4%

Responses Submitted This Week: 19

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NOTE: The following open-ended answers are solely the opinions of the anonymous respondents to this survey. Responses are mostly unedited, but some have been reformatted slightly for to make them easier to read. Some irrelevant responses (e.g. “none”), or anything obviously fake, or copy and pasted responses have been omitted. All-caps responses have been changed to all lowercase. All responses for each week, unedited, are available in the raw data spreadsheets at TimingResearch.com/data.

Question #3. For your answer to Question #1, please share what specific reason(s) you think the S&P500 will be heading the direction you chose.

“Higher” Respondent Answers:

• TINA
• FED injection
• Vaccines being delivered and stimulus will be passed
• Coming off FED, now another vaccine, Christmas rally, and thinking stimulus passes before Christmas.
• basedon volitility index
• every pullback is answered with a long move, the daily RSI is still long
• Vaccination against C-19 will start soon & Tesla will be part of S&P 500 index.
• Long term trend
• Christmas Rally

“Lower” Respondent Answers:

• I’m net long
• o/due for correction
• elliot wave and fibs
• The high price at this time will probably provoke the pre-Christmas collection of profits.
• Evening star candle yesterday and a down day today for SPY. Jupiter Saturn conjunction on Monday. So Monday could be a big down day.

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Question #4. Additional Comments/Questions/Suggestions?

• A short time pullback before heading higher
• Merry X-Mas & happy coming New Year 2021 to all!

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