One-Day Probabilities
These are based on probability assessments as of the time of posting. Be aware that sentiments and investment biases can change overnight for no apparent reason or because of news events that occur while the market is closed. For example, during the day, news items may result in a selling bias or a sentiment of concern near the close of the trading day. That emerging bias or change in sentiment will usually be reflected in behavior patterns that are detected by our system’s algorithms, even if they are quite subtle. Our algorithms will then generate a probability assessment in response to the most recent data available at the time. Then, after reconsidering the news or events overnight, investors may decide, for no apparent reason, that their concerns were overblown, causing a sentiment reversal. Our “One-Day Probability” projections are not infallible, but more often than not, they will be correct. We estimate that they will be correct about 80% of the time.
For more information on probable closing levels, please see “Key Intraday Levels.“
These are based on probability assessments as of the time of posting. Be aware that sentiments and investment biases can change overnight for no apparent reason or because of news events that occur while the market is closed. For example, during the day, news items may result in a selling bias or a sentiment of concern near the close of the trading day. That emerging bias or change in sentiment will usually be reflected in behavior patterns that are detected by our system’s algorithms, even if they are quite subtle. Our algorithms will then generate a probability assessment in response to the most recent data available at the time. Then, after reconsidering the news or events overnight, investors may decide, for no apparent reason, that their concerns were overblown, causing a sentiment reversal. Our “One-Day Probability” projections are not infallible, but more often than not, they will be correct. We estimate that they will be correct about 80% of the time.
For more information on probable closing levels, please see “Key Intraday Levels.“