A Big Move For Indices Is Coming Up

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday May 11, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

Major indices are ready to make a big move in either direction. There is an excellent chance that major indices follow the small-cap index (RUT), FTSE 100 (UKX) and  reach new fresh all-time highs between now and early summer.

SGS declined last week but it is still well in "LONG" territory which is bullish and signals higher prices ahead.

Supports and resistances for SPX for the upcoming week are shown above.

My Plan

For now, I'm staying long in QQQ.  Links for my current and past long-term portfolios are shown below.

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

twitter
info@balancetrading.org
#balancetrading
#OrangeSwan

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 Coiled

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday May 11, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

Major indices are coiled up to make a big move in one direction or the other.  There is an excellent chance that major indices follow the small-cap index (RUT), FTSE 100 (UKX) and  reach new fresh all-time highs between now and early summer.

SGS continued its advance higher last week and it is now well in "LONG" territory which is bullish and signals higher prices ahead.

Supports and resistances for SPX for the upcoming week are shown above.

My Plan

Per my plan I opened my third and final long position in QQQ.  Links for my current and past long-term portfolios are shown below.

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

twitter
info@balancetrading.org
#balancetrading
#OrangeSwan

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.

SGS Market Timer Is LONG

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday May 11, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

The Middle East tinderbox might blow up this coming week, causing a sharp sell-off of financial markets. That sell-off would be a good buying opportunity. 

SGS advanced past +50 on Thursday and on Friday SGS changed its status from NEUTRAL to LONG. 

Supports and resistances for SPX for the upcoming week are shown above.

My Plan

I'm planning to open my 3rd and final long position in QQQ as SPX sells off to test its 50 D-SMA around 2670 early this coming week.

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

twitter
info@balancetrading.org
#balancetrading
#OrangeSwan

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.

Major Indices Are Ready To Go Higher

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of Friday April 13, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

A correction in time happens when indices move sideways for an extended period.  We are currently are in such a period.  However, there are bullish signs indicating that the correction that started in late January has run its course in terms of both price and time.  These signs are bullish divergences in volume, indicators, breadth, and internals as indices tested lows of early February time and time again.

SGS remained in the NEUTRAL range(+/- 50) last week. There is a good chance that SGS advances higher and changes its status to LONG by Friday. 

Supports and resistances for SPX for the upcoming week are shown above.

My Plan

I'm still planning to open my third and final long position in QQQ as soon as SGS goes above +50.

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

twitter
info@balancetrading.org
#balancetrading
#OrangeSwan

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.