Sunday, August 29, 2021

SGS Market Timer Is LONG

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday August 27, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


Indices are heading higher.


SGS Market Timer

As of the close of last Friday (8/27), the value of SGS was calculated to be +401 and the status of SGS changed from SHORT to LONG.


S&P 500 Support And Resistance Levels

Support and resistance levels for SPX for next week are shown above.


My Plan

Anticipating the change of status for SGS from SHORT to LONG, I opened new long positions last week.  On Tuesday, I bought MRNA and IWM, on Wednesday, I bought SPY, ADBE, and NVDA, on Thursday, I bought QQQ and INTU, and on Friday, I bought INSP.



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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. 

on

Sunday, August 22, 2021

SGS Market Timer is SHORT

SGS  Market Timer Status:  SHORT 
SHORT as of the close of Friday August 20, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


I am not sure where indices are heading.


SGS Market Timer

As of the close of last Friday (8/20), the value of SGS was calculated to be -199 and the status of SGS changed from LONG to SHORT.


S&P 500 Support And Resistance Levels

Support and resistance levels for SPX for next week are shown above.


My Plan

Anticipating the change of status for SGS, last Tuesday I closed my long positions, expect for small positions in crypto (5%).   I am 95% in cash and planning to stay there for now.



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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.   

on

Saturday, August 14, 2021

Grind Up Continues

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday July 23, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


Again no change since last week, indices grind higher and dips are buying opportunities.


SGS Market Timer

As of the close of last Friday (8/13), the value of SGS was calculated to be +201 and the status of SGS remains LONG.


S&P 500 Support And Resistance Levels

Support and resistance levels for SPX for next week are shown above.


My Plan

Last week, I replaced AMAT with ORCL.  I still have 5% in cash and planning do something with it this coming week.



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.  



on

Sunday, August 8, 2021

No Change

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday July 23, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


No change since last week, indices grind higher and dips are buying opportunities.


SGS Market Timer

As of the close of last Friday (8/6), the value of SGS was calculated to be +287 and the status of SGS remains LONG.


S&P 500 Support And Resistance Levels

Support and resistance levels for SPX for next week are shown above.
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.   

on

Sunday, August 1, 2021

Indices Grind Higher

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday July 23, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


Indices grind higher.  Dips are buying opportunities.


SGS Market Timer

As of the close of last Friday (7/30), the value of SGS was calculated to be +265 and the status of SGS remains LONG.


S&P 500 Support And Resistance Levels

Support and resistance levels for SPX for next week are shown above.


My Plan

I'm still looking for a dip to buy more SPY.


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.  

on
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