Interpreted Prediction
Predicted that the stock market would enter a downtrend and a bear market decline if it swept its current lows in the near term.
AI Evaluation Notes
The prediction stated that if the stock market swept its current lows (referring to October 2023) in the near term, it would enter a downtrend and a bear market. However, from October 2023 through January 2024, the S&P 500 experienced a significant rally, not sweeping its lows, nor entering a downtrend or bear market. The market, in fact, reached record highs by January 2024.
Prediction Details
Topic
Target
Enter a downtrend and bear market if current lows are swept
Predicted
date
Near term