Key Market Timing
Opportunity Ranges™

Key Opportunity Ranges™ for Tuesday, 6-04-2024

First, let me fill you in on how to think about the calculated Opportunity Ranges™.  The ranges calculated are sometimes penetrated, even for days in a row, especially when investors panic to buy/sell, so the ranges must be taken in context. 

When markets aren't impacted by such volatility inducing events, they tend to visit the side of the range in the direction they are going.  On a pullback, they'll tend to visit the low end of the predicted range, and during a rally, they'll tend to tag the high end of the predicted range.  At other times the best market timing buys/sells are found roughly around the middle of the predicted range, plus or minus. Bounces rise to the middle and dips fall to the middle, roughly speaking. 

A few key predicted ranges for June, 4, 2024 are shown in the table below... 

Remember, they change daily, and I will often report the extremes I see in the markets on social media (@SunAndStormInv on "X.com" (formerly Twitter.com) and SunAndStorm on StockTwits.com) on most market days. 

The Predicted Lows and Predicted Highs are to the left in the table below, and the "Current Price" in this case is the closing price on June 3, 2024. 

The Position in the next day's range for the closing price is shown next.  The Day% is the price change for the day.  The Down and Up percentages are the percentages for a move to the very bottom/top of the predicted range of course from the "Current Price," which is the close in this case.  The last number to the right is the ratio of Up%/Down%.

To be clear, the position in the range stated is based on where the price would be in the range if the opening price on June 4th were the June 3rd closing price.  That position is not as important as where the price moves within the range or beyond either extreme vs. the given predicted range. 

Key Opportunity Ranges™ for Tuesday, 6-4-2024