The second week of May 2024 saw a mixed bag of market sentiments, with a notable accuracy in predictions. The SPY weekly outlook's neutral prediction proved correct, closing at 511.29, shy of the target price of 512.94 and strike price of 518.48, but within the predicted range of 518.96 to 506.92. In contrast, the BTC.USD weekly outlook's bearish prediction was spot on, plummeting to 64,334, below the target price of 57,550 and strike price of 60,205, with a notable range of 61,461 to 53,640. Meanwhile, the GLD weekly outlook's neutral prediction missed the mark, closing at 212.96, above the target price of 212.80, and failing to reach the upper range of 216.56 or fall to the lower range of 209.04, indicating a surprise upside move in the market.
Expired SPY Weekly outlook. 2nd WK MAY 2024
> NEUTRAL 📊 CORRECT
Previous Week Closed Price: 511.29
Target Price: 512.94 | Strike Price: 518.48 MAY7 24'
Upper Range: 518.96
Lower Range: 506.92
Expired BTC.USD Weekly outlook. 2nd WK MAY 2024
> BEARISH 📉 CORRECT
Previous Week Closed Price: 64,334
Target Price: 57,550 | Strike Price: 60,205 MAY10 24'
Upper Range: 61,461
Lower Range: 53,640
Expired GLD Weekly outlook. 2nd WK MAY 2024
> NEUTRAL 📊 INCORRECT
Previous Week Closed Price: 212.96
Target Price: 212.80
Upper Range: 216.56
Lower Range: 209.04
Expired SPY Weekly outlook. 2nd WK MAY 2024
> NEUTRAL 📊
Previous Week Closed Price: 511.29
Target Price: 512.94
Expired BTC.USD Weekly outlook. 2nd WK MAY 2024
> BEARISH 📉
Previous Week Closed Price: 64,334
Target Price: 57,550
Expired GLD Weekly outlook. 2nd WK MAY 2024
> NEUTRAL 📊
Previous Week Closed Price: 212.96
Target Price: 212.80
