This page contains forecasts that staff of XT Financial Services have made over the years:
S&P 500 (SPX) forecasts posted on LinkedIn
Xenia started her public market forecasts with the note published on LinkedIn on February 11, 2016, titled “Market Bottom”. That proved to be the exact day that marked the low for the year, with the SPX having risen over 70% since then.
Her 2018 forecast argued for the near-term uptrend to be nearing completion, to be followed by a correction of as much as 20%, stating that a better risk-reward entry for the long positions was expected in 2018 than 2017 year end levels. Market retraced all of the early year gains by mid-February, providing such better entry expected at year end, and then providing an even better entry of 2346 at the end of the year.
Xenia’s 2019 forecast, posted before the late December 2018 plunge, argued for a deeper selloff, before SPX heads to a new high, with potential to reach as high as 3383. SPX didn’t make us wait for 2019 to provide the deeper selloff, delivering it in late December, followed by higher highs in 2019.
Xenia's Russell 2000 analysis - selected issues
Below are samples of Xenia’s technical work of Russell 2000, highlighting her views and presentation of those views at pivotal market points. For clarity, we are highlighting the points with an arrow, with green arrows indicating bullish view, and red arrows indicating bearish view:
February 11, 2016 – This is THE bottom [PDF]
September 7, 2016 [pre-Brexit and pre-presidential elections] – Setting for for a strong move down which will not last long and will set up a large rally [PDF]
November 11, 2016 – expected correction is likely complete, expecting a strong rally to all time highs to last many months [PDF]
January 2, 2018 – upside pattern has been fulfilled; expecting a 10%+ correction expecting before the final rally to a multi-month top with an ideal target of 1732 [PDF]
October 2, 2018 – final multi-month top may be in at 1742 [PDF]
December 26, 2018 – RUT reached its “long term downside target”, watching for signs of bottoming [PDF]
May 1, 2019 – RUT is forming a local top, expecting a multi-week pullback before higher [PDF]
May 31, 2019 – minimum expectation for the pullback has been met; bullish bias though consolidation in this zone may continue. Ultimately expecting new highs over the 2019 highs of 2019, which may or may not produce new all time highs [PDF]