Indices Look Good

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Feb 8, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

SPX continued its rally last week and closed well above its M-DTL as shown above.  The likelihood of SPX closing above its M-DTL for this month is high and that would make the close for this month the second consecutive close above M-DTL.  In the post 2008 crash financial era, SPX has continued its rally for at least eight consecutive months in four out of five instances when SPX had closed above its M-DTL for two consecutive months after a 15% to 20% sell-off.

SGS advanced last week and pushed further into "LONG" territory.

Support and resistance levels for SPX for this week are shown above.

My Plan

I expect a sell-off for a day or two as SPX tests its D-DTL and 200 D-SMA around 2745 sometime this week.  My plan is still to open the third and final long positions into that sell-off, hopefully early this week.

Current Long-Term Portfolio (2019)
Past Long-Term Portfolios (2018-2008)

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Contact: opader@gmail.com

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.

SPX 2800 Is Critical

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Feb 8, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

SPX has rallied strongly from its December low and reached near 2800 which is right at its  Fib. ratio 76.4% retracement.  There is a good chance that SPX sells-off this week to test its M-DTL around 2700 before rallying higher.

For the rally to continue, it is critical that SPX overcomes resistance at 2800 and advances higher to close substantially above its M-DTL (currently at 2700).

SGS advanced last week and pushed further into "LONG" territory.

Support and resistance levels for SPX for this week are shown above.

My Plan

Per may plan I opened the second of three long positions last Thursday. My plan is to open the third and final positions as SPX is initially pushed down by resistance at 2800.

Current Long-Term Portfolio (2019)
Past Long-Term Portfolios (2018-2008)

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Contact: opader@gmail.com

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.

Rally Continues

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Feb 8, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

So far this month, as show above, SPX has successfully punched through strong resistance by its M-DTL and PDL-2 on its monthly chart.  Last week, SPX back-tested that resistance and cleared the way to continue its rally. 

SGS advanced last week and changed its status from "NEUTRAL" to "LONG" as of the close of Friday.

Support and resistance levels for SPX for this week are shown above.

My Plan

Per may plan I opened my first of three long positions last Monday. My plan is to open my second long position of three in the following 10 stocks (equal $ amount) sometime early this week:

1. XLNX
2. WDAY
3. INCY
4. EWZ
5. AVGO
6. CHTR
7. PG
8. SBUX
9. BA
10. ADI

I'm also selling REGN and replacing it with SBUX on Monday.

Current Long-Term Portfolio (2019)
Past Long-Term Portfolios (2018-2008)

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Contact: opader@gmail.com

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.

The Fork In The Road

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of Friday Feb 1, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

Last month, SPX rallied 15% from its recent late December (2346) low, and as of the close of last Friday, it retraced 61.8% of its 2018 last quarter decline. SPX and other major indices have reached a fork in the road.  My analysis shows that there is a good chance that indices continue their rally and advance higher.

SGS advanced sharply last week and changed its status from "SHORT" to "NEUTRAL" as of the close of last Friday.

Support and resistance levels for SPX for this week are shown above.

My Plan

My plan is to open my first long position of three in the following 10 stocks (equal $ amount) sometime early this week:

1. XLNX
2. WDAY
3. INCY
4. EWZ
5. AVGO
6. CHTR
7. PG
8. REGN
9. BA
10. ADI

Current Long-Term Portfolio (2019)
Past Long-Term Portfolios (2018-2008)

twitter
Contact: opader@gmail.com

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.