Indices Are Looking Good But Internals Are Weakening

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Oct 25, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

The uptrend in indices is still intact but the lack of progress in trade negotiations with China is beginning to take its toll.

For the second week in a row, SGS declined and didn't confirm new all-time highs for DJI, SPX, NAZ, OEX, and NDX.  In order for indices to resume their rally, the divergence by SGS must end soon.

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

My Plan

SGS-ST is still long but getting close to change its status to neutral. I'm still long (100% of capital) in SPXL.

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

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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 Grind Up Continues

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Oct 25, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

Barring an unforeseen dire financial or political event, indices will grind higher as the new QE money finds its way into equities.

SGS declined last week and didn't confirm new all-time highs for DJI, SPX, NAZ, OEX, and NDX.  I expect SGS to advance this week. 

Support and resistance levels for SPX for this week are show above.  I expect RUT and DJT to follow DJI, SPX, NAZ, OEX, NDX and put in new all-time highs soon.

My Plan

Last Friday SGS-ST changed its status from Neutral to Long.  I opened my one and only long position in SPXL.

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

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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.

QE = Indices Grinding Higher and Higher

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Oct 25, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

As the Fed's latest QE money ($60 billion per month) finds its way into equities, indices keep on grinding higher and higher. The Fed is going to continue on with their latest QE at least until end of 2020-Q2 and hence it's all clear between now and then.  BTFD.

SGS advanced last week confirming new all-time highs for DJI, SPX, NAZ, OEX, and NDX.  

Support and resistance levels for SPX for this week are show above.  I expect RUT and DJT to follow DJI, SPX, NAZ, OEX, NDX and put in new all-time highs soon.

My Plan

I'm using SGS-ST to manage my long-term money accounts. Last Thursday, SGS-ST changed from long to neutral (overbought condition was triggered). I closed my SPXL position. I'm in cash waiting for SGS-ST next signal, either long or short.

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

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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.

Santa Arrives Early With A QE Gift

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Oct 25, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

As the market enter into the most seasonally bullish period of the year with a QE tail wind, indices have no where to go but higher.  

SGS advanced last week confirming new all-time highs for SPX, NAZ, OEX, and NDX.  

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

My Plan

Per my plan I closed my position in SSO on Wednesday as SGS-ST turned neutral from long. Then on Friday I opened a new position (one position with 100% of capital) in SPXL as SGS-ST turned long from neutral.  I'm using SGS-ST to short-term trade all long-term accounts.

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

twitter
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.