ilmscore | Prediction Details
"if let's say Market is focused on inflation and we have CPI coming up in six days and inflation is the big topic which is situations we went through in in those predicaments Market's going to be very flat for six days Market is like okay well big money is going to stay on the side"
By Humbled Trader | July 25, 2024 | Incorrect
From video
Umar Ashraf revealed MILLIONAIRE'S TRADING STRATEGY @UmarAshraf28 00:34:14 - 00:34:29
Interpreted Prediction
Predicted that if the market is focused on inflation and CPI is six days away, the market will be very flat for those six days as big money stays on the sidelines.
AI Evaluation Notes
The prediction stated that the market would be very flat for six days leading up to a CPI release if inflation was the big topic. Considering the CPI releases for July 2024 (on August 14, 2024) and August 2024 (on September 11, 2024), market data shows significant movement rather than flatness. For instance, the S&P 500 experienced a drop of over 6% in the first three trading sessions of August and a subsequent rally, indicating volatility. Additionally, September 2024 was a strong month for the S&P 500, with a 2.02% gain, further contradicting the 'very flat' prediction.

Prediction Details

Topic
Market Behavior around economic events
Target
Market will be very flat
Predicted date
For six days (leading up to CPI)

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