Sunday, July 23, 2017

Next Week Is Critical

SGS  Market Timer Status:  LONG 
LONG as of the close of June 30, 2017
SGS is a Long-Term (weeks to months) Timer

SGS advanced higher again last week. It's now above its DTL and touching its ADL.  There is a possibility that ADL pushes SGS down.

Next week is critical and there is a possibility that Trump/Russia investigation take a bad turn for the President.  Should that happen, chances are good that we see a significant sell-off in indices.



Last week SPX, NAZ, RUT put in fresh all-time highs. Barring any bad political news and chaos, indices should advance higher this coming week.

My Plan

Per my plan, I did my second buy (SSO) of three buys last Monday.  I'm watching the news out of Washington to see if it would wise to close long positions and move back into cash.


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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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 16, 2017

Bulls Are In Charge

SGS  Market Timer Status:  LONG 
LONG as of the close of June 30, 2017
SGS is a Long-Term (weeks to months) Timer


SGS advanced higher last week and closed above its DTL.  That's pretty bullish and signals indices very likely go higher in coming days and weeks.


SPX closed and traded above its downtrend line last week.  Also, SPX, DJI, and DJT put in new fresh all-time highs.  The market is predicting that the "health care bill" is going to pass.

My Plan

I'm planning to do my 2nd buy in SSO on Monday.


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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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 9, 2017

Indices Look Good

SGS  Market Timer Status:  LONG 
LONG as of the close of June 30, 2017
SGS is a Long-Term (weeks to months) Timer


SGS is still positive and above 50.


SPX successfully tested its W-DTL (13 W-EMA) on its weekly chart and closed above it.  Chances are good at this point that SPX rallies to a set new all-time high this coming week.

My Plan

I'm planning to do my 2nd buy in SSO once SPX starts trading above its ADL.


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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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 2, 2017

SGS Market Timer Is Long

SGS  Market Timer Status:  LONG 
LONG as of the close of June 30, 2017
SGS is a Long-Term (weeks to months) Timer


SGS is still positive and above 50.


SPX tested its DTL (13 EMA) on its weekly chart.  Chances are good at this point that SPX rallies to set new all time highs in the next couple of weeks.

My Plan

I'm looking for a sell off to do my 2nd buy in SSO.


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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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 25, 2017

Market Is On Razor's Edge

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of June 16, 2017
SGS is a Long-Term (weeks to months) Timer


SGS is below its DTL and things could get ugly next week.


Chances are high that we see a sell-off and test of PUL-3 sometime this coming week.

My Plan

I'm still 1/3 in long in SPY.  I am watching to see how SPX does if it sells off to test its PUL-3.


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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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 18, 2017

SGS Market Timer Is NEUTRAL

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of June 16, 2017
SGS is a Long-Term (weeks to months) Timer


SGS closed remained below its DTL as of the close of last Friday. SGS is now "NEUTRAL".


With SGS turning "NEUTRAL", chances are good that indices start a sell-off.

My Plan

My plan is to close my SPY long position sometime Monday AM.


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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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 11, 2017

New All-Time Highs Are Ahead

SGS  Market Timer Status:  LONG 
LONG as of the close of May 26, 2017
SGS is a Long-Term (weeks to months) Timer


SGS is still above its DTL and ADL, signaling more rallies ahead.


No change since last week, chances are excellent that indices head higher between now and mid-summer. 

My Plan

Per my plan, I did my first buy of three in SPY.  I'm looking for a sell off to do my 2nd buy in SSO.


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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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 4, 2017

Indices Look Good, Dips Should Be Bought

SGS  Market Timer Status:  LONG 
LONG as of the close of May 26, 2017
SGS is a Long-Term (weeks to months) Timer


SGS is not above its DTL and ADL, signaling more rallies ahead.


Chances are excellent that indices head higher between now and mid-summer. 

My Plan

My plan is to do my first buy of three on Monday, 1/3 in SPY.



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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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.

Monday, May 29, 2017

SGS Is "LONG"

SGS  Market Timer Status:  LONG 
LONG as of the close of May 26, 2017
SGS is a Long-Term (weeks to months) Timer


SGS went up and closed above its DTL last week, but it's still below its ADL. 


I'm not sure where indices are heading.

My Plan

I'm watching from the sideline to see of SGS would close above its ADL.  A close ADL this coming week would be bullish and I would feel comfortable opening long position at that point.



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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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 21, 2017

Indices Are About To Take A Big Leg Down

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of May 12, 2017
SGS is a Long-Term (weeks to months) Timer


SGS is now significantly below its DTL and ADL signaling more selling ahead.


Chances are good that major indices take a big leg down next week.  Support levels are shown on the chart above.

My Plan

I'm watching from the sideline.



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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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.