Pivot point incoming! Market update 10.5.24
Our model continues to perform well on the 7-day forecast. DIA closed the week at 423.41, nearly spot on with our predicted value of 421.26. SPY ended at 572.98, compared to a forecast of 568.61, while QQQ finished at 487.32, slightly ahead of the projected 483.88. All three were well within one-eighth of a standard deviation, demonstrating the accuracy of our model.
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