Sunday 6 December 2015

November FTSE 100 and Dow Jones Industrial Average (DJIA) prediction update

I thought I had better give an update on my recent FTSE 100, and Dow Jones Industrial Average (DJIA) predictions for November, 2015.  The good news is that both indices ended down from the start of the month as I guessed, however, the size of the fall wasn’t as large as expected.

The FTSE started November at 6,361, and, ended at 6,356, a fall of four points!  I had predicted a range of 6,234 to 6,298.

The DJIA started November at 17,828, and, ended the month at 17,719, a fall of 109 points.  I had predicted a range of 17,482 to 17,649.

Well at least the direction was correct, even if the magnitude wasn’t.  I was going to do the same thing for this month (December), however, time has got the better of me.  I am hopefully going to refine my data, and, start again in 2016.  Fingers crossed.




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