FYI; We have said a good deal in this space about the futility of trying to time short-term market moves (see e.g., this, this and this). No one has demonstrated the ability to do this consistently over time. While it is possible to avoid the very largest of collapses over long periods of time using a simply trend-following approach (see Meb Faber’s "A Quantitative Approach to Tactical Asset Allocation"), the shorter the time horizon, the more difficult this becomes.
Thus, forecasting near-term market moves is an exercise in futility.
Regards,
Ted
http://www.bloombergview.com/articles/2014-11-21/your-brain-cant-handle-the-stock-market
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