Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

This Market Indicator Is Right 94% of the Time: Here's What It Says About Where Stocks Are Headed

TheMotleyFool

0 0

This Market Indicator Is Right 94% of the Time: Here's What It Says About Where Stocks Are Headed: https://g.foolcdn.com/editorial/images/727508/excited-investor-looks-at-financial-charts-on-computer.jpg

Track records matter. It's true whether we're talking about business or sports. And it's definitely applicable when it comes to depending on external sources to make investing decisions.

You can easily find plenty of information online about many different market indicators. Some of them don't have track records that stand up to scrutiny. There's one market indicator, though, that has been right 94% of the time going all the way back to 1950. Here's what it says about where stocks are headed now.

Image source: Getty Images.

Source Fool.com

Like: 0

d37a24a2-4738-4e22-9604-dcc1889a4fa2

Share