SGS Market Timer Status: LONG
LONG as of the close of Friday July 13, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must
Supports and resistances for SPX for the upcoming week are shown above. SPX is still trading below its PDL-1. A close above that line on weekly basis would bullish and would signal higher prices ahead.
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 July 13, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must
Chaos continues and indices remain volatile without any meaningful gain or loss.
SGS remained unchanged last week but still above 50 and hence LONG.
My Plan
SGS is LONG and my plan is to open long positions in QQQ if SPX closes above its PDL-1 on its weekly chart.
Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)
SGS is LONG and my plan is to open long positions in QQQ if SPX closes above its PDL-1 on its weekly chart.
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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