SGS Market Timer Status: NEUTRAL
NEUTRAL (overbought) as of the close of Friday Nov 27, 2020
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must
SGS Market Timer
As of the close of last Friday (1/8), the value of SGS was calculated to be +1071. That is higher than +500, signaling indices are very likely overbought. The status of SGS remains NEUTRAL (overbought).
S&P 500 Support And Resistance Levels
My Plan
My plan is to put 1/3 of my cash to work sometime this week. I am looking for a sell-off and planning to buy the following 10 stocks and ETF's (equal $):
IWM, QQQ, GBTC, COF, ALGN, DD, TGT, AMAT, QCOM, and MS
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.