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
Money from the Fed's new QE-FE (Quantitative Easing For Ever based on Modern Monetary Theory) is injected into the financial system at an unrepresented rate, about $100 Billion per month. So long as the Fed continues to create money out of thing air and expand its balance sheet, indices have no place to go but higher. Dips are buying opportunities.
SGS advanced last week and confirmed new all-time highs in most major indices. That is bullish.
Support and resistance levels for SPX are shown above.
sgs-st is long but getting close to overbought levels. I'm still 100% in SPXL.
Current Long-Term Portfolio
Past Long-Term Portfolios
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
sgs-st Market Timer Status: long
sgs-st is a Short-Term (hours to days) Timer
Money from the Fed's new QE-FE (Quantitative Easing For Ever based on Modern Monetary Theory) is injected into the financial system at an unrepresented rate, about $100 Billion per month. So long as the Fed continues to create money out of thing air and expand its balance sheet, indices have no place to go but higher. Dips are buying opportunities.
My Plan
sgs-st is long but getting close to overbought levels. I'm still 100% in SPXL.
Current Long-Term Portfolio
Past Long-Term Portfolios
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
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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