SGS Market Timer Status: LONG
Generally speaking, earnings reports have been solid and stocks of companies with good reports have gone up. That is bullish and signals higher prices for major indices between now and end of this year. Sometime next month, the Fed is to announce their "taper" plan. There is a good chance that the Fed announces a super dovish plan which push indices higher in a strong Christmas rally.
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.