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
Neither the US nor Iran wants a war but the law of unintended consequences might soon dictate one in the Persian Gulf. If an all out war breaks out, the global everything bubble that has been inflated by central banks around the world in the last 11 years, would surely pop. That would send the US and the global economy into a deep recession if not a depression.
After reaching an over-bought level last week, SGS declined this week, signalling that the sell-off that started on Friday very likely continues for another week or two.
Support and resistance levels for SPX for the coming week are shown above.
SGS-ST is still Neutral. I'm in cash and waiting to see which way SGS-ST turns.
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: Neutral
Neutral as of 1 PM Tuesday Dec 24, 2019
SGS-ST is a Short-Term (hours to days) Timer
My Plan
SGS-ST is still Neutral. I'm in cash and waiting to see which way SGS-ST turns.
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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