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
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
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
There is a good chance that the sell-off that started last week gets done on Monday or Tuesday. Last week, both NAZ and NDX reached and closed at new all-time highs. Barring #OrangeSwan, there is an excellent chance that remaining major indices follow RUT, NAZ, NDX, and reach new fresh all-time highs between now and early July.
SGS declined last week but it's 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)
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)
Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)
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.
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.
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