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
- 70% Chance: Harris wins decisively. SPX rallies to a new all-time high, reaching 6,000 and potentially higher.
- 25% Chance: The outcome is unclear for days or weeks. SPX experiences a significant sell-off, dropping 10% to 20%.
- 5% Chance: Trump wins decisively. SPX remains volatile, trading sideways for an extended period.
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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
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.