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Extract of the latest S&P 500 consideration - GUNNER24 Forecasts, 03/19/2017:

 

"The ATH of March-1-2017 seems to be extremely important. It might be matter of a very significant high, a possible 1 and 8 year cycle high!, correspondingly perhaps being strong enough:

 

A) at least to ring in a distinctive sideways phase that doesn’t have to correct deep in respect to the price development. Yet it might last several months just like actually the majority of the breathers within the 2009-2017 bull market.

 

B) If time - possibly combined 1 and 8-year-cycle high – meets price - Main Bull Market Target 2350-2388 – in that case, also bearish developments are allowed and even to be expected.

 

==> BA) A deep correction according to the price began at the ATH. In that case, most certainly a backtest of the year 2016 closing at 2238 pts would be implied during the coming weeks/months.

 

==> BB) The maximum extension of the Bull Market was reached at the final 8-year-cycle high on March-1-2017. Thus, a new multi-month bear market may have begun at the ATH."

 

==> Today, this leading index seems to me more and more likely to choose the option BA), thereby being on the agenda only just one backtest of the year 2016 closing and 2017 open area at 2250-2260 index points by the end of the current correction cycle before the alltime-high (ATH) should be tested most seriously, then and in the further course of 2017 and some further higher ATHs will spposedly be attained with a 45% of probability.

 

 

 

Current GUNNER24 Setups
 MonthlyWeeklyDaily4 Hour
S&P500G24UpG24Downnone1479667196G24UpG24Downnone1479667336G24UpG24Downnone1479667438G24UpG24Downnone1493200235
DOWG24UpG24Downnone1479667206G24UpG24Downnone1479667345G24UpG24Downnone1482321397G24UpG24Downnone1493200251
NQ 100G24UpG24Downnone1479667218G24UpG24Downnone1479667355G24UpG24Downnone1490182018G24UpG24Downnone1492757130
DAXG24UpG24Downnone1479667276G24UpG24Downnone1479667366G24UpG24Downnone1479667494G24UpG24Downnone1493200282
EuStoxxG24UpG24Downnone1479667234G24UpG24Downnone1479667404G24UpG24Downnone1479667508G24UpG24Downnone1493200266
GoldG24UpG24Downnone1479667299G24UpG24Downnone1479667377G24UpG24Downnone1483697176G24UpG24Downnone1489736263
SilverG24UpG24Downnone1479667316G24UpG24Downnone1486987830G24UpG24Downnone1489569804G24UpG24Downnone1492757116
EUR/USDG24UpG24Downnone1479667256G24UpG24Downnone1479667416G24UpG24Downnone1490181871G24UpG24Downnone1489736280
USD/JPYG24UpG24Downnone1479667245G24UpG24Downnone1479667427G24UpG24Downnone1490181974G24UpG24Downnone1490182070
Last Update: 2017-04-26 11:51 CEST
Recently updated: DAX 4 Hour
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