SPX correlation with oct 1980 still working

[fortuna]

It would forecast a 1150-1175 target by october 15 then a fall to current level by end october. May be a bit too much ....

will see

 

[fortuna]

well it did not work today

 

[waggie945]

Try moving the current chart back about 1-2 weeks and see what it says ???

 

[futuretrade]

Quote from fortuna:

It would forecast a 1150-1175 target by october 15 then a fall to current level by end october. May be a bit too much ....

will see

What's the R^2 on that correlation?
Thanks

 

[fortuna]

0.96

 

[Romeo]

Quote from fortuna:

It would forecast a 1150-1175 target by october 15 then a fall to current level by end october. May be a bit too much ....

will see

I'm looking and I don't see nothing.

I guess people see what they want to see.