Crowd Forecast News Week #394AD: Pros Trade Other People's Money (click here to learn more)
Question #1. Which direction do you think the S&P500 index will move from this coming Monday’s open to Friday’s close?
Higher/Lower Difference: 42.9%
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: 77.9%
Average For “Higher” Responses: 79.0%
Average For “Lower” Responses: 75.0%
Higher/Lower Difference: 4.0%
Responses Submitted This Week: 14
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:
• Nice uptrend in place
• SPY to 420
• all says higher
• govt printing more money
• Been moving up each day. I’m Long so expect to continue higher.
• I just follow which the market is going.
“Lower” Respondent Answers:
• G0tta dr0p s0metime
• Technical charts showing high RSI
Question #4. What is your favorite indicator to use on your charts?
• Elliott Wave
• 20 day average
• stock charts, barchart.com
• S M A 20 50 200
Question #5. Additional Comments/Questions/Suggestions?
• Selling Calls for protection.
• no comment.
transparency and Simplification
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