robster970
Veteren member
- Messages
- 4,567
- Likes
- 1,390
1348 for me this week
robster970
Veteren member
- Messages
- 4,567
- Likes
- 1,390
W/E 1st June - predictions
Up: 9
Down: 6
Average: 1317.8
Wt Average: 1316
Highest: 1348
Lowest: 1250
Good luck folks :clover:
Link to predictions
Up: 9
Down: 6
Average: 1317.8
Wt Average: 1316
Highest: 1348
Lowest: 1250
Good luck folks :clover:
Link to predictions
Last edited:
Atilla
Legendary member
- Messages
- 20,779
- Likes
- 3,981
Re: W/E 1st June - predictions
Yo Robster dude,
Your prediction of 1348 is the highest according to my dodgy eye-sight...
Yo Robster dude,
Your prediction of 1348 is the highest according to my dodgy eye-sight...
Pat494
Legendary member
- Messages
- 14,614
- Likes
- 1,588
Ahem
robster970
Veteren member
- Messages
- 4,567
- Likes
- 1,390
All fixed
robster970
Veteren member
- Messages
- 4,567
- Likes
- 1,390
W/E 1st June - results
Up a bit and then doooooowwwwwwnnnn finishing at 1278.04. Volatility is slowly ratcheting up now (VIX) and Dollar Index (DXY) is also on the rise again (risk off, money flow to USD). So a well done to the downs for pre-empting the direction this week.
On that basis our Daddy, Mummy and Baby Bears for this week are:
1) wackypete 2 - 1287 (8.96)
2) hwsteele - 1288 (9.96)
3) themilton - 1250 (-28.04)
So well done pete for the win, hw and once again themilton for clocking up podiums. :clap::clap::clap::clap:
Now interestingly (well at least for me), the prevailing conditions are playing into a long term, behavioural forecasting phenomena. You will see a tab on the spreadsheet called group stats. On here I did some modelling of whether people generally are bearish or bullish in their forecasts over the sample contained in there. It seems that as a group, we are generally bearish but the 2 of the most bearish individuals are pete and hwsteele. So their consistent bearish forecasting works well when in current market conditions, largely to do with the asymettry of how markets move (it takes a long time for markets to go up but a short time for them to go down).
Anyway, I digress and back onto the heady analysis of the leaderboard.
We have a new leader - pete. Additionally, hwsteele is now in joint second with Atilla. The hound has been tracked back to his kennel and there may be a new world order forming. As we are in June now and getting towards the end of Q2 with quarterly option/futures contract expirations starting in a couple of weeks time, this should make for a pretty exciting finish.
Nice work lads.
Link to results
Up a bit and then doooooowwwwwwnnnn finishing at 1278.04. Volatility is slowly ratcheting up now (VIX) and Dollar Index (DXY) is also on the rise again (risk off, money flow to USD). So a well done to the downs for pre-empting the direction this week.
On that basis our Daddy, Mummy and Baby Bears for this week are:
1) wackypete 2 - 1287 (8.96)
2) hwsteele - 1288 (9.96)
3) themilton - 1250 (-28.04)
So well done pete for the win, hw and once again themilton for clocking up podiums. :clap::clap::clap::clap:
Now interestingly (well at least for me), the prevailing conditions are playing into a long term, behavioural forecasting phenomena. You will see a tab on the spreadsheet called group stats. On here I did some modelling of whether people generally are bearish or bullish in their forecasts over the sample contained in there. It seems that as a group, we are generally bearish but the 2 of the most bearish individuals are pete and hwsteele. So their consistent bearish forecasting works well when in current market conditions, largely to do with the asymettry of how markets move (it takes a long time for markets to go up but a short time for them to go down).
Anyway, I digress and back onto the heady analysis of the leaderboard.
We have a new leader - pete. Additionally, hwsteele is now in joint second with Atilla. The hound has been tracked back to his kennel and there may be a new world order forming. As we are in June now and getting towards the end of Q2 with quarterly option/futures contract expirations starting in a couple of weeks time, this should make for a pretty exciting finish.
Nice work lads.
Link to results
Attachments
Atilla
Legendary member
- Messages
- 20,779
- Likes
- 3,981
Yep agreed well done guys. Now the pressure is off hopefully I should be able to perform a little better... :cheesy:
1300 for me please.
Atilla
Legendary member
- Messages
- 20,779
- Likes
- 3,981
Last edited:
isatrader
Senior member
- Messages
- 2,963
- Likes
- 134
Well I've definitely been in the on the bull side this year, as I think the long term chart is still currently on the bull side imo, although it's on a bear alert as cumulative volume is on the sell side now, but you can see on the P&F chart that volume on the pullback has been low overall. However, it closed last week right on the downtrend line from last years highs, and it is still only just below the 61.8% Fibonacci level from the October lows, so it is still in a medium term uptrend and currently in the support zone, so although it could move down further yet, I think we'll see a short term reversal soon, possibly this week, and hence I'm going say up again this week.
1286 please Rob
1286 please Rob
Attachments
Pat494
Legendary member
- Messages
- 14,614
- Likes
- 1,588
You missed the 3rd scenario ! - the side step
We shall see.
I prefer the two step but no matter
