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Beta seeker : Predicting the rise and fall of the Large Cap the next day is the most difficult thing in the world, bar none. The average confidence level of all predictions, including those from the so-called elites of Wall Street, does not exceed 40%. If someone could accurately predict the results every day, it would be akin to someone winning the POWERBALL every day, and such a thing has never happened.
Fredo in the cut OP Beta seeker : just look at buyers and seller and the rest is easy . if we sell a level thats been bought up it now become resistance if the level we had sellers no longer get sold then we push to next level of sellers its not about predicting its about finding liquidity
Beta seeker Fredo in the cut OP : This model has many shortcomings; it does not consider the impact of external market shocks on Large Cap, does not take into account human psychological factors, and does not account for the impact of external incremental capital on your model. The results will not contradict the law of large numbers and will not affect the average confidence level, for your reference