Home > Model Predictions, Public Posts > SPX Model Projections for October and End of Year

SPX Model Projections for October and End of Year

*model still in alpha test stage

The SPX model for September performed well in forecasting a positive close for September despite August’s weakness. SPX did close above 1666 around 1682.

My SPX model predictions:

– October close: STRONG probability of negative month.

– SPX close around 1656 for September (chart below).

– End of 2013: STRONG probability of close above 1750 possible 1775.

Risks to the model projections:

– Taper/Interest Rates

– Government Shutdown/Debt Ceiling

– Fed Chairman speculation/announcement

– Continued weak US economic data

– US Earnings

spx100513spx_oct2013

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