Interpreted Prediction
Predicted that if daily closes fall below local lows, the stock market would experience a nasty bit of downside over the next cycle.
AI Evaluation Notes
The prediction stated that if daily closes fell below local lows, the stock market would experience a 'nasty bit of downside.' However, after the prediction date of October 23, 2023, the S&P 500 did not fall below local lows. Instead, it embarked on a significant upward trend, moving from approximately 4217 on October 23, 2023, to around 4864 by January 23, 2024. This represents a substantial gain, which is the opposite of a 'nasty downside.'