Hi @Woohoo ... Great chart above. Interestingly I have a Gann...

Hi @Woohoo ... Great chart above. Interestingly I have a Gann Box chart(Weekly T&P) that highlights the importance of two Major swings since the 2007H, that if I am interpreting correctly, favours suggesting the Feb. '15.H and our more recent Apr./May '17H(shown as orange and yellow boxes on my 1st chart below)are controlling swings for the time being and still favours  playing this on the short side .... I would think.

Remember from the 2007H to the 2009L it took 495cds(or 70.7wks); my yellow Gann Box. Now its uncannyly coincidental that the Apr./May. '17 Double Top was 495wks(and 7 x 70.7wks) from that 2007H also. In addition, the time it took from the 2007H to the Apr. '10H (again high to high, right!)was exactly 128wks/896cd/618tds. This is my orange Gann Box. Now, this week we are exactly 128wks from the April. '15H(i.e. between those 2 orange arrows) and 4 x 128wks from the 2007H.... all high to high swings(maybe?).

I note, looking at a daily, we are also up 70cds(so far) from the 8June '17L and 128cd from the 11Apr. '17 penultimate swing high(one of the double top highs). So, today/tomorrow for a high... again maybe????

TANOTFA's Weekly Gann Bow Chart ... for what its worth.


You also mentioned a 144 Monthly timing from the May '05L. According to me(and I'm prepared to be corrected)this comes in at the most recent highs(right orange arrow on my chart above and shown as a green T/L in chart below). I also note that there are 2 other notible 144mth(12yr)swing timings from more significant long-term chart swing points ... June '01H and Mar. '03L . One was a swing high to swing low timing the other is a swing low to swing high timing. All hindsight stuff those and of no real relevence to current SP action I would have thought.

144(12 year) Swing Points ...