college_trader
Long

S&P 500 Statistics + Prediction

SP:SPX   The S&P 500 Index
405 0 2
Using statistical methods I have accurately predicted the last 2 major moves in the S&P 500 index             . This model includes analyzing percentages and price differences between the major tops and bottoms on a year to date chart. It does not include any type of fundamental analysis having to do with earnings , policy/legislation or any other possible catalysts.

My model provided me with a target price of $1772.57 to the upside before we see another major downward correction or sell-off. This rounds to the nearest dollar of $1773 which I use as a general target area. My last estimate was at $1647. We saw it drop to $1646.47, so I was only a few cents off.

Disclaimer: This information is provided for entertainment purposes only and is not a recommendation to buy or sell a security.
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