Trend Analysis for the Russell 2000 Index based on algorithms: Chart of the last 10 months

Trend Analysis for the Russell 2000 Index, a benchmark for small-cap stocks in the United States. The Russell 2000 is a subset of the Russell 3000 Index that includes approximately 2000 of the smallest securities based on a combination of their market cap and current index membership.

  • BKX forecast from December  13th 2012 untill September 15th 2013.
  • The forecast is based on the 90 days prediction of “I Know First” predictive algorithm

I Know First has successfully predicted the price of the Russell 2000 Index throughout the past 10 months and has a strong track record tracing back even further, by analyzing fundamental variables such as volatility, volume, and short-term trends. The chart shows the algorithm’s predictions for the past 10 months. Our algorithm correctly predicted the positive growth trends leading up to the Russell 2000 Index breaking a 1,000 for the first time ever on May 21st, 2013. This chart clearly shows four “buy” signals with the first on February 7th, 2013 with a “sell” signal on May 21st, 2013. From these dates, an investor following this I Know First forecast would have gained 9.6% (February 7th, 2013 – May 5th, 2013).
I Know First: Daily Market Forecast provides the most accurate and paramount investment foresight based on sophisticated self-learning algorithms to build superlative investment strategies. Our market forecasting system predicts more than 200 markets: stocks, world indices, currencies and commodities. Enhance your portfolio by visiting us at www.iknowfirst.com or www.gold-prediction.com and www.currency-prediciton.com

 

 

How to read this chart?

Each point on the chart was taken from the actual daily forecast published the morning before the next market open. The chart shows the actual price in thick blue. The positive or negative (Up or Down) signals of the forecast were added to the actual last known price at the time of forecast to result in signal lines. Thus, when the signal line is above the actual line, it means “buy,” if below, it means “sell”. The green and red arrows show what would be the best times to enter the market. The widely ranging signals are scaled relative to the previous average signal range to bring them into manageable scale to fit them all in one chart.

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