One Way Ticket Up

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday, September 1, 2017
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

Indices are overbought but they can remain overbought and even more overbought for a while, a long while.

SGS climbed higher last week, signaling higher prices ahead.

The uptrend is very much intact and continuing. Dips should be bought.

My Plan

I continue to stay long.

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)

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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    ASL: Active Support Line
OEX: S&P 100 Index    ARL: Active Resistance 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.

Government Is Shutdown - A Buying opportunity

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday, September 1, 2017
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

I'm not sure if the government shutdown is going to amount to much of sell-off but dips due to the shutdown should be bought. 

SGS declined on Wednesday and Thursday last week but resumed its advance on Friday.  Bullish.

The uptrend is very much intact and continuing. Dips should be bought.

My Plan

Per my plan, I opened my 3rd and final long position in UPRO last week. 

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)

twitter
info@balancetrading.org

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    ASL: Active Support Line
OEX: S&P 100 Index    ARL: Active Resistance 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.

Indices Are Overbought - A Volatile Week Is Ahead

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday, September 1, 2017
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

Chances are good that Dems and Reps do not reach an agreement on DACA by this coming Friday which could cause a government shutdown.  Indices could dip a couple of percents which would present a buying opportunity.

As shown above, SGS resumed its advance after a little dip earlier last week. That is bullish and signals higher prices ahead. BTFD.

The uptrend is very much intact and continuing.  Indices are, however, overbought and chances of a sell-off to test ASL and weekly DTL are high.

My Plan

Per my plan, I opened my 2nd long position in SSO last week.  My plan to do my 3rd and final long position in UPRO sometime this coming week, hopefully into a consolidation sell-off.

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)

twitter
info@balancetrading.org

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    ASL: Active Support Line
OEX: S&P 100 Index    ARL: Active Resistance 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.

Short-Term, Indices Are Overbought

SGS  Market Timer Status:  LONG 
LONG as of the close of September 8, 2017
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

2018 is off to a fantastic start and chances are high that the rally continues for a while, a long while.

With the new tax plan in place, starting in 2018, the US companies will pay very little or no taxes.  Instead, they will use the money to buy their own stocks and pay generous dividends to their shareholders. They also will bring back their overseas profits tax-free and use that money to buy more shares and pay more dividends.  The new tax plan also gives considerable incentive for the US companies to modernize their plants and eliminate more workers, and thus realizing considerable savings in labor cost.  This is all extremely bullish.

As shown above, SGS rocketed higher in last four trading days. That is bullish and signals higher prices ahead. BTFD.

The uptrend is very much intact and continuing.  Indices are, however, overbought and chances of a sell-off to test ASL and weekly DTL are high.

My Plan

I didn't get a chance to open my 2nd and final long position in SSO last week.  My plan is to do so this coming week, hopefully into a consolidation sell-off.

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)

twitter
info@balancetrading.org

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    ASL: Active Support Line
OEX: S&P 100 Index    ARL: Active Resistance 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.

A Volatile Week, Month, And Year Are Head

SGS  Market Timer Status:  LONG 
LONG as of the close of September 8, 2017
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

2018 is going to be another record-breaking year but highly volatile.  Major dips would be good buying opportunities.

Despite the sell-off on the last day of trading for 2017, SGS advanced higher. Bullish.

The uptrend is very much intact and continuing but chances of a sell-off to test ASL and weekly DTL are high.

My Plan

Per my plan, I opened first of two long positions in SPY on Monday 12/18.  My plan is to open the 2nd long position in SSO sometime this coming week.

Season Greetings & Happy New Year

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)

twitter
info@balancetrading.org

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    ASL: Active Support Line
OEX: S&P 100 Index    ARL: Active Resistance 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.