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.