Tag Archives: S&P-500 forecast

S&P-500 Forecast for November 8-19, 2010

This week a stock market rally was driven mostly by news and may last more days ahead. Concerning technical analysis prediction, the chart below can give a clue of S&P-500 index forecast for the next two weeks of November, 2010. According to this forecast the uptrend may continue only 2-3 days and then it can reverse to downside.

S&P-500 Forecast for November 8-19, 2010

This forecast composed from many technical indicators with weights accordingly to the predictive ability of each indicator. It is a short-term (10 trading days) forecast using Neural Network. The used software tool is Investment Analyzer InvAn-4.