Let's have a quick look how good/bad the YUCE-8 forecasts have been for the past week. We'll look at the half time charts (ie. -8 time steps for 1 day forecasts - which is 1st of June). While my gut feeling said the bubbles must bust the #AI forecasted an opposite scenario for the major indices.
After writing this post I asked my self if we should rename the product. Magic Moneyprinter would be better :-)
QQQ continues the forecasted very bullish path:
Last weekend we published this blog post. Based on the data it was very likely that this week we'll see new all-time-highs in SPY and DIA (aka Dow Jones). At least for SPY we got one while the DOW was lost in starvation.
JPM is very bearish for days now. Again a very correct forecast.
Apple was forecasted to be bullish with a resistance level between 127 and 128. Let's see if it bounces back at this level next week.
BTC was totally wrong. A bullish scenario to 40k+ was forecasted. It completely failed.