Indices Are Oversold And Primed To Rally Higher

SGS Market Timer Status:  SHORT 
SHORT  as of the close of Friday Sep 22, 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 (9/22), the value of SGS was calculated to be -424.  The status of SGS changed remains SHORT. 

S&P 500 Support And Resistance Levels

Support and resistance levels for SPX for this week are shown above.  Chances are good that the recent correction has run its course.

My Plan

I closed my long positions, except for two small crypto positions, last Tuesday.  My plan is to wait for SGS to change to LONG before opening new long positions. 

Current Long-Term Portfolio

Past Long-Term Portfolios

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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. 

SGS Market Timer Is SHORT

SGS Market Timer Status:  SHORT 
SHORT  as of the close of Friday Sep 22, 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 (9/22), the value of SGS was calculated to be -381.  The status of SGS changed from NEUTRAL to SHORT. 

S&P 500 Support And Resistance Levels

Support and resistance levels for SPX for this week are shown above.  Chances are good that the recent correction has run its course.

My Plan

I'm watching indices and to see if I should close my long positions. 

Current Long-Term Portfolio

Past Long-Term Portfolios

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.   

Uptrend Is Still Intact

SGS Market Timer Status:  NEUTRAL 
NEUTRAL  as of the close of Friday Sep 1, 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 (9/15), the value of SGS was calculated to be -186.  The status of SGS remains NEUTRAL. 

S&P 500 Support And Resistance Levels

Support and resistance levels for SPX for this week are shown above.  Longer term uptrend is still intact.

My Plan

No change since last week, I'm watching price charts and if recent highs are breached, my plan is to bring my remaining cash (10%) in and buy QQQ.

Current Long-Term Portfolio

Past Long-Term Portfolios

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.  

SGS Market Timer Remains NEUTRAL

SGS Market Timer Status:  NEUTRAL 
NEUTRAL  as of the close of Friday Sep 1, 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 (9/8), the value of SGS was calculated to be -171.  The status of SGS remains NEUTRAL. 

S&P 500 Support And Resistance Levels

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

My Plan

No change since last week, I'm watching price charts and if recent highs are breached, my plan is to bring my remaining cash (10%) in and buy QQQ.

Current Long-Term Portfolio

Past Long-Term Portfolios

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. 

SGS Market Timer Is Neutral

SGS Market Timer Status:  NEUTRAL  
NEUTRAL  as of the close of Friday Sep 1, 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 (9/1), the value of SGS was calculated to be -23.  The status of SGS changed from SHORT to NEUTRAL.  Unlike its performance in  2022, 2023 year to date SGS performance has been terrible.  I'm working on changes to SGS.

S&P 500 Support And Resistance Levels

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

My Plan

No change since last week, I'm watching price charts and if recent highs are breached, my plan is to bring my remaining cash (10%) in and buy QQQ.

Current Long-Term Portfolio

Past Long-Term Portfolios

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.