Tuesday, March 8, 2016

TUE - MAR 08 2016

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)
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)

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@ 18:35 - A chart for bears to print and pin to the wall.  It says without another round of QE, indices would go down and down and down ....... :



 
@ 18:25 - Has bear market rally completed for DJI?


@ 15:50 - A close below AUL would be fantastic today.  It would signal a test of DTL tomorrow around 1960:



@ 15:35 - SPX is on its way to test support around 1960, very likely tomorrow:



@ 12:30 - SPX is back testing its DTL and PUL-0 now:




@ 10:20 - SPX is now trading below its DTL and PUL-0 on its hourly chart.  Chances are good for SPX to continue its sell off:


 @ 09:15 - Support: 1995, 1985, 1970
                   Resistance: 2005, 2025


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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.
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