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.
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 Feb 8, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must
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)
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)
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.
Past Long-Term Portfolios (2018-2008)
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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