Interpreted Prediction
Predicted SPY to reach the $426.50 - $429 range, where the speaker plans to initiate a short position.
AI Evaluation Notes
The prediction aimed for the S&P 500 (SPY) to reach the $426.50 - $429 range by January 31, 2024, at which point the speaker intended to initiate a short position. However, the actual closing price of SPY on January 31, 2024, was $472.62. This price was significantly above the predicted range, indicating the market moved contrary to the implied direction for a short position.
Prediction Details
Ticker
Predicted
date
short term