Sunday, July 22, 2018

A Volatile Week Is Coming

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday July 13, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


Chaos continues and indices remain volatile without any meaningful gain or loss.


SGS remained unchanged last week but still above 50 and hence LONG.


Supports and resistances for SPX for the upcoming week are shown above.  SPX is still trading below its PDL-1.  A close above that line on weekly basis would bullish and would signal higher prices ahead.

My Plan

SGS is LONG and my plan is to open long positions in QQQ if SPX closes above its PDL-1 on its weekly chart.

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)

twitter
info@balancetrading.org

#balancetrading
#OrangeSwan

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.

Sunday, July 15, 2018

SGS Market Timer Is LONG

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday July 13, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


Chaos continues and indices remain volatile.

SGS advanced last week, closed above 50 on Friday, and changed its status from NEUTRAL to LONG.


Supports and resistances for SPX for the upcoming week are shown above.  SPX is coming against it PDL-1.  A close above that line on weekly basis would bullish and would signal higher prices ahead.

My Plan

SGS is LONG and my plan is to open long positions in QQQ if SPX closes above its PDL-1 on its weekly chart.

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)

twitter
info@balancetrading.org

#balancetrading
#OrangeSwan

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.

Sunday, July 8, 2018

Let The Market Lead

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of Friday June 29, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


I'm not sure where the indices are heading.  It's best to let the market lead.


SGS advanced on Thursday and Friday last week but still remained below 50 as of the close of Friday and hence its status is still NEUTRAL.

Supports and resistances for SPX for the upcoming week are shown above.

My Plan

Per my plan I closed my long QQQ positions on Monday at the open.  SGS is still NEUTRAL and my plan is to remain in cash for now.

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)

twitter
info@balancetrading.org

#balancetrading
#OrangeSwan

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.

Sunday, July 1, 2018

SGS Market Timer Is NEUTRAL

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of Friday June 29, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


SGS changed its status to NEUTRAL as of the close of Friday.  

No one knows where financial markets are heading as Trump wages on his trade war.  One thing is for sure, if Dems manage to pull out a big victory in the fall (win majority in both the House and the Senate) then we could see a sizable correction to indices.  As usual, it's going to be "sell the rumor and buy the news".  In other words, indices would start to head south on any news and sign that there is a big "blue wave" coming.  The indices would then bottom out once it becomes clear that the big "blue wave" is just going to crash into a hard "red rocky shore" and amount to nothing.


SGS declined last week to below 50 and changed its status from "LONG" to "NEUTRAL".


Supports and resistances for SPX for the upcoming week are shown above.

My Plan

My plan is to close (sell) my long QQQ positions early Monday.  I will tweet as I close  my positions.

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)

twitter
info@balancetrading.org

#balancetrading
#OrangeSwan

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.

Sunday, June 24, 2018

Uptrend Is Intact

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday May 11, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


Again, last week, both NAZ and NDX reached and closed at new all-time highs.  Barring #OrangeSwan, there is an excellent chance that remaining major indices follow RUT, NAZ, NDX, and reach new fresh all-time highs between now and early July.


SGS declined last week but it's well in "LONG" territory which is bullish and signals higher prices ahead.

Supports and resistances for SPX for the upcoming week are shown above.

My Plan

For now, I'm staying long in QQQ.  Links for my current and past long-term portfolios are shown below.

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)

twitter
info@balancetrading.org

#balancetrading
#OrangeSwan

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.

Sunday, June 17, 2018

Indices Will Grind Higher

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday May 11, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


There is a good chance that the sell-off that started last week gets done on Monday or Tuesday.   Last week, both NAZ and NDX reached and closed at new all-time highs.  Barring #OrangeSwan, there is an excellent chance that remaining major indices follow RUT, NAZ, NDX, and reach new fresh all-time highs between now and early July.


SGS declined last week but it's well in "LONG" territory which is bullish and signals higher prices ahead.

Supports and resistances for SPX for the upcoming week are shown above.

My Plan

For now, I'm staying long in QQQ.  Links for my current and past long-term portfolios are shown below.

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)

twitter
info@balancetrading.org

#balancetrading
#OrangeSwan

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.

Sunday, June 10, 2018

A Buying Opportunity Is Very Likely Coming Up

 SGS  Market Timer Status:  LONG 
LONG as of the close of Friday May 11, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


There is a good chance that the meeting between Trump and Kim Jong Un this week  spirals out of control as siting of #OrangeSwan in Singapore harbor is reported.  If that happens, major indices would correct a couple of percent, providing an excellent buying opportunity.

Last week, both NAZ and NDX reached and closed at new all-time highs.  Barring #OrangeSwan, there is an excellent chance that remaining major indices follow RUT, NAZ, NDX, and reach new fresh all-time highs between now and early July.



SGS advanced last week and it's well in "LONG" territory which is bullish and signals higher prices ahead.


Supports and resistances for SPX for the upcoming week are shown above.

My Plan

For now, I'm staying long in QQQ.  Links for my current and past long-term portfolios are shown below.

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)

twitter
info@balancetrading.org

#balancetrading
#OrangeSwan

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.

Sunday, June 3, 2018

Indices Look Good

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday May 11, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


Nothing has changed since last week.  Barring #OrangeSwan, major indices are ready to make a big move in either direction. There is an excellent chance that major indices follow the small-cap index (RUT), FTSE 100 (UKX) and  reach new fresh all-time highs between now and early summer.

SGS advanced last week and it's well in "LONG" territory which is bullish and signals higher prices ahead.



Supports and resistances for SPX for the upcoming week are shown above.

My Plan

For now, I'm staying long in QQQ.  Links for my current and past long-term portfolios are shown below.

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)

twitter
info@balancetrading.org

#balancetrading
#OrangeSwan

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.

Sunday, May 27, 2018

A Big Move For Indices Is Coming Up

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday May 11, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


Major indices are ready to make a big move in either direction. There is an excellent chance that major indices follow the small-cap index (RUT), FTSE 100 (UKX) and  reach new fresh all-time highs between now and early summer.

SGS declined last week but it is still well in "LONG" territory which is bullish and signals higher prices ahead.


Supports and resistances for SPX for the upcoming week are shown above.

My Plan

For now, I'm staying long in QQQ.  Links for my current and past long-term portfolios are shown below.

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)

twitter
info@balancetrading.org

#balancetrading
#OrangeSwan

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.

Sunday, May 20, 2018

Indices Are Coiled

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday May 11, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


Major indices are coiled up to make a big move in one direction or the other.  There is an excellent chance that major indices follow the small-cap index (RUT), FTSE 100 (UKX) and  reach new fresh all-time highs between now and early summer.

SGS continued its advance higher last week and it is now well in "LONG" territory which is bullish and signals higher prices ahead.


Supports and resistances for SPX for the upcoming week are shown above.

My Plan

Per my plan I opened my third and final long position in QQQ.  Links for my current and past long-term portfolios are shown below.

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)

twitter
info@balancetrading.org

#balancetrading
#OrangeSwan

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.

Saturday, May 12, 2018

SGS Market Timer Is LONG

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday May 11, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


The Middle East tinderbox might blow up this coming week, causing a sharp sell-off of financial markets. That sell-off would be a good buying opportunity. 

SGS advanced past +50 on Thursday and on Friday SGS changed its status from NEUTRAL to LONG. 

Supports and resistances for SPX for the upcoming week are shown above.

My Plan

I'm planning to open my 3rd and final long position in QQQ as SPX sells off to test its 50 D-SMA around 2670 early this coming week.

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)

twitter
info@balancetrading.org

#balancetrading
#OrangeSwan

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.

Sunday, May 6, 2018

Major Indices Are Ready To Go Higher

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of Friday April 13, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


A correction in time happens when indices move sideways for an extended period.  We are currently are in such a period.  However, there are bullish signs indicating that the correction that started in late January has run its course in terms of both price and time.  These signs are bullish divergences in volume, indicators, breadth, and internals as indices tested lows of early February time and time again.

SGS remained in the NEUTRAL range(+/- 50) last week. There is a good chance that SGS advances higher and changes its status to LONG by Friday. 


Supports and resistances for SPX for the upcoming week are shown above.

My Plan

I'm still planning to open my third and final long position in QQQ as soon as SGS goes above +50.

Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)

twitter
info@balancetrading.org

#balancetrading
#OrangeSwan

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.