Monday, July 14, 2014

Indices Are Overbought

SGS Market Timer Status:   NEUTRAL   
Neutral as of close of 6/19/2014

RTS Long Term Current and Past Portfolios
Updated for trades on 7/11/2014


SPX is challegining its all time high, but I believe this rally will fail and SPX sells off to test its PUL (black) around 1920 within next couple of weeks.

On Friday, I started opening my short positions (1 of 4) in SPY, QQQ and IWM.


Disclaimer: The views expressed are provided for information purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.