^GSPC forecast for May-July 2009
May 4th, 2009
^GSPC forecast for May-July using Neural Network
This is an approximate ^GSPC forecast for May-July (using Neural Network from experimental tool NNSTP-2).
Major points in numbers:
- May 4-8: up to almost 900 (evidently if bad news affects investors’ mood, it can go down instead)
- May 25-29: down to 870..800
- June 22-26: up to around 930
- July: massive selloff
Reminder: Forecast built on statistical methods may fail because of redistribution of driving factors – news, investors’ sentiments, regulatory impact, etc.
Important to notice: The recent forecast by pattern similarity shows earlier selloff.
Categories: Software
Just curious what happens between the 8th and the 25th?
It goes slowly with some fluctuations above 900 and then slowly down. The pattern recognition indicates a different story (see previous post) – this week up very fast and then a big drop down. It is hard to say which scenario will realize (I think almost 50:50 chance). But at least both stochastic methods predict some uptrend for this week.