SGS Market Timer Status: LONG
LONG as of the close of Friday August 16, 2024
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
SGS & SGS-ST Performance Data
SGS Market Timer
As of the close of last Friday (9/27), the value of SGS was calculated to be +377 and the status of SGS remains Long.
S&P 500 Support And Resistance Levels
The support and resistance levels for the current week in the SPX are shown above. Dips should be bought because there is a good chance SPX reaches and possibly pass 6,000 sometime this year.
My Plan
I moved 10% of my cash into SPY last Wednesday. My plan to open need positions in SPY and SMH sometime this week.
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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
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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