Market Alert: High Probability Pivot In Progress

This week’s market activity offered some fascinating dynamics. I anticipated a mid-week pivot, and at one point, it looked like the market might turn in advance of typical entry signals. However, by Friday, the market and our signal ultimately aligned, resulting in a more standard entry signal. Interestingly, our three tracked indices closed the week within just a few dollars of the projections published last Friday, reinforcing confidence in the model’s validity.

Currently, the model's outputs are indicating the start of a high-probability entry window. As shown in the table and charts below, there’s an 85.7% probability of a positive return over the next 14-day period. It’s worth noting that there could still be some downward movement as this window begins. Additionally, with the U.S. presidential election on Tuesday—one of the year’s most significant events—market dynamics could be particularly responsive. While some analysts on Bloomberg TV mentioned that markets appear to be pricing in a Republican win, it’s important to remember that our model operates independently of news events; it’s designed to focus purely on historical data patterns. Thus, regardless of the election outcome, the current setup suggests the potential for continued market upside in the days and weeks ahead.

Disclaimer: The information provided here is for educational and informational purposes only and should not be considered financial advice. I am not a licensed financial advisor, and my portfolio may not align with your financial goals or risk tolerance. All investments carry risk, including the potential loss of principal. Historical data and model-based projections do not guarantee future performance. Please consult a licensed financial professional before making any investment decisions.

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Weekly Market Update 11.9.24

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Market Update 10.26.24