EminiForecaster Blog and Update History

Accurate Stock Market Forecasts for the Emini SP and other Futures

Archive for October, 2013

The official EminiForecaster forecast for the trading week ending October 25th has been posted.

http://eminiforecaster.com/members/membersblog/forecaster.php

There are no changes to the forecast. We again expect the market to continue to rise next week into the Tuesday close / Wednesday open area and then decline from there.

This week the market followed the forecast into the pivot and then in the face of historic news the market headed higher in anticipation of a resolution. Therefore, the forecast was incorrect.

In this last week volatility has declined and this is near term bullish.

Our projections for the coming week are showing 1791 above and the low end is showing 1676 as a potential target.  This method operates on about the 70% probability level over time.

Cycling below the 1717 area is bearish, above it is bullish. We are currently in buliish territory, as of today’s close.

Monday, an open below 1730.50 is bearish. An open above 1737.50 is bullish. In between these levels is neutral and ranging is more likely.

We have a busy report schedule next week with reports on each day of the trading week. Be sure to check the schedule for times: http://eminiforecaster.com/members/membersblog/calendar.html).

Wishing you the very best,

EMF Team

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The official EminiForecaster forecast for the trading week ending October 18th has been posted.

http://eminiforecaster.com/members/membersblog/forecaster.php

There are no changes to the forecast. We expect the market to continue to rise next week into the Tuesday close / Wednesday open area and then decline from there.

This week the market declined and bottomed as expected and headed higher off the anticipated pivot.

Volatility has been increasing this week which is slightly bearish. Often this time of year brings with it volatility. So we will watch increases carefully going forward. This is typically true through about the third week of October.  Higher volatility is typically bearish and lower volatility is bullish. In this last week volatility has increased and this is near term bearish.

Our projections for the coming week are showing 1712 above and the low end is showing 1661 as a potential target.  This method operates on about the 70% probability level over time.

Cycling below the 1675 area is bearish, above it is bullish. We are currently in buliish territory, as of today’s close.

Monday, an open below 1689.75 is bearish. An open above 1699.25 is bullish. In between these levels is neutral and ranging is more likely.

We have a light report schedule next week with quite a few FOMC speaking engagements. Be sure to check the schedule for times: http://eminiforecaster.com/members/membersblog/calendar.html).

Wishing you the very best,

EMF Team

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The official EminiForecaster forecast for the trading week ending October 11th has been posted.

http://eminiforecaster.com/members/membersblog/forecaster.php

There are no changes to the forecast. We expect the market to decline next week into the Tuesday / Wednesday area and then rise from there.

This week the market headed up as expected but the market turned a day early and headed downward expanding in range then reversing back upward to finish the wee as expected.

Volatility has been increasing this week which is bearish. Often this time of year brings with it volatility. So we will watch increases carefully going forward. This is typically true through about the third week of October.  Higher volatility is typically bearish and lower volatility is bullish. In this last week volatility has declined and this is near term bullish.

Our projections for the coming week are showing 1698 above and the low end is showing 1656 as a potential target.  This method operates on about the 70% probability level over time.

Cycling below the 1678.50 area is bearish, above it is bullish. We are currently in buliish territory, as of today’s close.

Monday, an open below 1677.50 is bearish. An open above 1685.50 is bullish. In between these levels is neutral and ranging is more likely.

We have a fairly heavy report schedule next week with reports on each day of the week. Be sure to check the schedule for times: http://eminiforecaster.com/members/membersblog/calendar.html).

Wishing you the very best,

EMF Team

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The official EminiForecaster forecast for the trading week ending October 4th has been posted.

http://eminiforecaster.com/members/membersblog/forecaster.php

There are no changes to the forecast. We expect the market to rise next week into the Thursday close area and then decline from there.

This last week the forecast was correct and the decline came in and turned as expected but the market has had luckluster upside following this pivot. The market action in this last week has been lackluster and narrow ranged.

Often this time of year brings with it volatility. So we will watch increases carefully going forward. This is typically true through about the third week of October.  Higher volatility is typically bearish and lower volatility is bullish. In this last week volatility has declined and this is near term bullish.

Our projections for the coming week are showing 1719 above and the low end is showing 1657 as a potential target.  This method operates on about the 70% probability level over time.

Cycling below the 1691 area is bearish, above it is also bullish. We are currently in bearish territor, as of Friday’s close.

Monday, an open below 1683 is bearish. An open above 1686 is bullish. In between these levels is neutral and ranging is more likely.

Since we are in bearish territory, a bearish open Monday could be predictive of more downside. With the volatility being low, it is difficult for the forecaster to tell as clearly.  A break lower below Friday’s low could be particularly bearish and testing below the 1673 area could bring more downside to the 1657 area. In this case, the forecast will be incorrect for the week.

We have a moderate report schedule next week with reports on each day of the week. Be sure to check the schedule for times: http://eminiforecaster.com/members/membersblog/calendar.html).

Wishing you the very best,

EMF Team

P.S. As always be sure to recognize our service on your credit card as Axiom Research & Trading, Inc. and / or Emini Forecaster.  Also, if you need to make changes of any kind on your account they can be done in the members area on your account.  If you wish to make changes on your account and have difficulty doing so, as always, contact us via email for assistance.

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