Ten Day Proj: Track Record 2011-05-18: 2011-05-26
The test was the selection of the upper or lower ten day price projections compared to the actual using the mean absolute error as the criteria. In the sample of 275, the 10 day projection zone (upper red zone or lower red zone) closest to actual was chosen 194 times (70.55% ).
N.B. The likelihood of a projection (upper, mid or lower) or projection zone (upper or lower) may change on breaking news, as new information becomes available or when the price reaches a support, resistance or retracement level.
Signal Setups 