SGS_LT Market Timer Status: SHORT
Short as of close of Dec 11, 2015
SGS_LT is a Long Term (weeks to months) timer
Current Long Term Portfolio (2016)SGS_LT is a Long Term (weeks to months) timer
Updated for recent trades
sgs_st Market Timer Status: short
Short as of 1:00 PM on Feb 18, 2016
sgs_st is a short term (hours to days) timer for SPX(short term trading record of SPY using sgs_st will be posted soon. I'm waiting for a change in sgs_st status)
@ 23:15 - Internal and breadth data was bullish today. Also SPX closed and traded above its 50 D-SMA for the first time since 12/29/2015. GDP and Consumer Confidence data is released tomorrow at 08:30. That data could move indices dramatically.
@ 14:45 - So far 50 D-SMA has held up very well. There has not been any price penetration which is good news for bears.
@ 14:05 - SPX is about to test resistance at its 50 D-SMA:
@ 09:50 - The Fed Prepares to Dive?
@ 09:00 - Possible bear flag on SPX weekly:
@ 8:50 - Support: 1920, 1900, 1885
Resistance: 1935, 1945
If you like this blog and find it useful, then please help me to get more traffic to it. My oldest daughter who is a graduate student monetized my blog and she is hoping to make a couple of hundred dollars a month via letting Google show ads on the side bar. Please pass the word. Thank You.
facebook (comments)
SPX: S&P 500 Index D-SMA: Daily - Simple Moving Average
DJI: Dow Jones Industrial Index D-EMA: Daily - Exponential Moving Average
DJT: Dow Jones Transportation Index PDL: Primary Downtrend Line
NAZ: NASDAQ Composite Index PUL: Primary Uptrend Line
RUT: Russell 2000 Index ADL: Active Downtrend Line
OEX: S&P 100 Index AUL: Active Uptrend Line
NDX: Nasdaq 100 Index DTL: Dynamic Trend Line
TUL: Tentative Uptrend Line TDL: Tentative Downtrend Line
Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation. Furthermore, the opinions expressed may change without notice.
Posts
