SGS Market Timer Is Neutral

SGS Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of Friday Dec 27, 2024
Previous SGS Status

SGS is a Long-Term (weeks to months) Timer
2024 SGS & SGS-ST Performance Data 
2025 SGS & SGS-ST Performance Data 

SGS Market Timer

As of the close of last Friday (12/27), the value of SGS was calculated to be -141 and the status of SGS changed from Short to Neutral.

S&P 500 Support And Resistance Levels

The support and resistance levels for the SPX this week are shown above.

My Plan

This is my last blog post. I am officially retired :).

Current Long-Term Portfolio

Past Long-Term Portfolios

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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.  

SGS Market Timer Is Short

SGS Market Timer Status:  SHORT 
SHORT as of the close of Friday December 20, 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 (12/20), the value of SGS was calculated to be -261 and the status of SGS changed from Long to Short.

S&P 500 Support And Resistance Levels

The support and resistance levels for the SPX this week are shown above. With SGS Market Timer being Short now, there is a high likelihood that selling continues this week.

My Plan

No change since last week, I continue to remain on the sidelines until the second week of the new year. 

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. 

More Selling Is Likely Ahead

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 (12/13), the value of SGS was calculated to be +55 and the status of SGS remains Long.

S&P 500 Support And Resistance Levels

The support and resistance levels for the SPX this week are shown above. The SGS value has been declining for three consecutive weeks, indicating the potential for further selling pressure ahead.

My Plan

Per my plan I closed my long positions, except for BTC, in all long-term accounts last Monday. I plan to remain on the sidelines until the second week of the new year. 

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.  

Short-Term, Indices Are Overbought

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 (12/6), the value of SGS was calculated to be +270 and the status of SGS remains Long.

S&P 500 Support And Resistance Levels

The support and resistance levels for the SPX this week are outlined above. Short-term, indices are over bought and there is a good chance they correct either in price or time into the year's end.

My Plan

My plan is close my long position, except for my small BTC position, sometime early this week.

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. 

Trump's Honeymoon

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 (11/29), the value of SGS was calculated to be +374 and the status of SGS remains Long.

S&P 500 Support And Resistance Levels

The support and resistance levels for the SPX this week are outlined above. Barring any extreme developments, such as a full-scale tariff war, a widespread crackdown on individuals (both U.S. citizens and others), or a major conflict in the Middle East, I believe there’s a strong likelihood that indices will continue their bull run, at least through the end of Trump’s honeymoon period, potentially extending into late Q1 or early Q2 of 2025.

My Plan

No change since last week, going forward, I am going to continue to look for opportunities to add to 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.