S&P Forecast 2024-05-14

1-Day forecast is negative, slightly over the magnitude threshold

1-Wk forecast is mildly negative.

Thus, technically, following the model would be opening a position against the S&P 500 with a leverage factor of (-1). However, inflation data comes out tomorrow. I’m not interested on taking a position based on only a weak signal, the day before a potentially market moving news release. Invest at your own risk.

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