Monday, June 19, 2023

Rally In Indices Cotinues

SGS Market Timer Status:  LONG 
LONG as of the close of Friday June 9, 2023
Previous SGS Status

SGS is a Long-Term (weeks to months) Timer
SGS Performance Data 
Why Market Timing Is A Must

 
SGS Market Timer

As of the close of last Friday (6/16), the value of SGS was calculated to be +222.  The status of SGS remains LONG.


S&P 500 Support And Resistance Levels

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


My Plan

Per may plan, I put 10% of my account into SSO.  I am planning to put more cash to work in coming days.




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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. 

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