Source: VantagePoint Intermarket Analysis Software
- The market moved up about 24 points.
- 24 Points = $24,000.00 (About 31 trading days)
- When the blue line (forecast) crossed above the black line (actual), VantagePoint predicted the market to trend up. The Neural Index at 1.00 also indicated an expected up trend.
- Interest rates have been one of the hottest market topics recently as the Fed reduced short-term rates to near zero in December and 30-year T-bond futures made their biggest six-week advance ever, an uptrend that reached unsustainable territory.
About VantagePoint Intermarket Analysis Software:
-Forecasts are nearly 80%* accurate
-Uses leading indicators to anticipate market direction
-Thousands of customers in over 90 countries worldwide
-VantagePoint is offered by Market Technologies, an Inc. 500 company founded in 1979