Long term predictions may be challenging, or may fun, but If you're trading intraday, totally irrelevant. Observing over the years there are about 50% of the people in the "know" who turn out to be right about where the market will be in several months to come. I knew about 3 years ago, when my conservative 57 year old brother, who only bought AAA bonds for 30 years decided to start getting into NASDQ stock - it "was over". When the very last buyer is buying, watch out below!
Above 2300 8 18.60% 2200-2300 1 2.33% 2100-2200 2 4.65% 2000-2100 8 18.60% 1900-2000 5 11.63% 1800-1900 3 6.98% 1700-1800 4 9.30% 1600-1700 4 9.30% 1500-1600 1 2.33% Below 1500 7 16.28%