👀 WEEKLY SUMMARY 24.3-28.3 / FORECAST

📉 S&P500 – 11th week of the base cycle (average 20 weeks), which began with the pivot forecast on January 13. We are in the second phase, which appears bearish by all indications. This is a significant bear market completing the overdue 50-week and 4-year cycles. Target levels are outlined here. My preliminary timeline projections for the base cycle completion were mentioned in the previous post.

⚠️ The extreme forecast on March 24 – the midpoint of retrograde Mercury – turned the market downward after a small bullish correction. This was anticipated last week. The market lacked the strength even to reach the resistance level at 5850. A short position has been opened. The next extreme forecast is April 7.

🏆 GOLD – 5th week of the base cycle (15-20+ weeks). After a brief correction at the pivot forecast on March 19 (see the previous post), gold resumed its bullish trend at the extreme forecast on March 24 – the midpoint of retrograde Mercury.

⚠️ Holding the long position from the extreme forecast on March 3. The movement range to the pivot forecast on March 19 for GC futures exceeded $12K per contract. Those who took profits, I hope you reopened long positions. The next extreme forecast for gold is April 7.

🛢 CRUDE – 17th week of the base cycle (28 weeks), second phase. The extreme forecast on March 27 halted the second phase’s upward movement at the 70 resistance level and reversed the trend. This forecast was specifically highlighted for crude at the beginning of the year. A short position has been opened. The next universal extreme forecast is April 7. The next crude-specific extreme forecast is May 5.

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