ilmscore | Prediction Details
By Camel Finance | October 23, 2023 | Incorrect
Interpreted Prediction
Predicted that the S&P 500 and NASDAQ would sweep their local lows.
AI Evaluation Notes
The prediction stated that the S&P 500 and NASDAQ would 'sweep their local lows' by January 23, 2024, implying a downward movement below recent low points. However, both indices rallied significantly from their October 2023 lows. The S&P 500 closed October 31, 2023, at 4193.80 and by January 23, 2024, had risen to 4864.60. The NASDAQ also saw a strong rebound after hitting a 5-month low in October 2023, with the Nasdaq-100 having its best annual performance since 1999 in 2023. This indicates a trend opposite to the prediction.

Prediction Details

Ticker
Target
S&P 500 and NASDAQ sweep local lows
Predicted date
short-term

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