SGS Market Timer Status: NEUTRAL
NEUTRAL as of the close of Friday June 29, 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
NEUTRAL as of the close of Friday June 29, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must
I'm not sure where the indices are heading. It's best to let the market lead.
SGS advanced on Thursday and Friday last week but still remained below 50 as of the close of Friday and hence its status is still NEUTRAL.
Supports and resistances for SPX for the upcoming week are shown above.
My Plan
Per my plan I closed my long QQQ positions on Monday at the open. SGS is still NEUTRAL and my plan is to remain in cash for now.
Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)
Per my plan I closed my long QQQ positions on Monday at the open. SGS is still NEUTRAL and my plan is to remain in cash for now.
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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