Sunday, April 26, 2015

The Grind Up Will Continue

SGS Market Timer Status:   LONG 
LONG as of close of 3/16/2015

RTS Current Portfolio (2015)
Updated for recent trades

SPX rallied and broke through its ADL last week and put in and closed at a new all time high.  SPX has now established a sustainable up trending price channel (show in green).  Chances are good that SPX continues its advance after back testing of double support (blue arrow) around 2110 early this coming week.

SPX: S&P 500 Index    D-SMA: Daily - Simple Moving Average
DJI: Dow Jones Industrial Index    D-EMA: Daily - 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 

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.