Sunday, June 25, 2017

Market Is On Razor's Edge

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of June 16, 2017
SGS is a Long-Term (weeks to months) Timer


SGS is below its DTL and things could get ugly next week.


Chances are high that we see a sell-off and test of PUL-3 sometime this coming week.

My Plan

I'm still 1/3 in long in SPY.  I am watching to see how SPX does if it sells off to test its PUL-3.


SPX: S&P 500 Index    SMA: Simple Moving Average
DJI: Dow Jones Industrial Index    EMA: 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
TLR: Trend Line Resistance   TLS: Trend Line Support

Disclaimer: The views expressed are provided for informational purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.
on

Sunday, June 18, 2017

SGS Market Timer Is NEUTRAL

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of June 16, 2017
SGS is a Long-Term (weeks to months) Timer


SGS closed remained below its DTL as of the close of last Friday. SGS is now "NEUTRAL".


With SGS turning "NEUTRAL", chances are good that indices start a sell-off.

My Plan

My plan is to close my SPY long position sometime Monday AM.


SPX: S&P 500 Index    SMA: Simple Moving Average
DJI: Dow Jones Industrial Index    EMA: 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
TLR: Trend Line Resistance   TLS: Trend Line Support

Disclaimer: The views expressed are provided for informational purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.
on

Sunday, June 11, 2017

New All-Time Highs Are Ahead

SGS  Market Timer Status:  LONG 
LONG as of the close of May 26, 2017
SGS is a Long-Term (weeks to months) Timer


SGS is still above its DTL and ADL, signaling more rallies ahead.


No change since last week, chances are excellent that indices head higher between now and mid-summer. 

My Plan

Per my plan, I did my first buy of three in SPY.  I'm looking for a sell off to do my 2nd buy in SSO.


SPX: S&P 500 Index    SMA: Simple Moving Average
DJI: Dow Jones Industrial Index    EMA: 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
TLR: Trend Line Resistance   TLS: Trend Line Support

Disclaimer: The views expressed are provided for informational purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.
on

Sunday, June 4, 2017

Indices Look Good, Dips Should Be Bought

SGS  Market Timer Status:  LONG 
LONG as of the close of May 26, 2017
SGS is a Long-Term (weeks to months) Timer


SGS is not above its DTL and ADL, signaling more rallies ahead.


Chances are excellent that indices head higher between now and mid-summer. 

My Plan

My plan is to do my first buy of three on Monday, 1/3 in SPY.



SPX: S&P 500 Index    SMA: Simple Moving Average
DJI: Dow Jones Industrial Index    EMA: 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
TLR: Trend Line Resistance   TLS: Trend Line Support

Disclaimer: The views expressed are provided for informational purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.
on
Subscribe to: Posts (Atom)