Sunday, May 10, 2015

All Time High's For Indices Are Coming Up

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

RTS Current Portfolio (2015)

SPX rallied on Friday and closed at its high of the day right at its PDL.  Chances are good that SPX continues its rally this coming week to challenge its recent all time high.

Bull markets correct in three ways: Price, Time or Price and Time. This is a classic case of correction in Time and we are at the end of it.  I expect indices to rally from now well into June or early July.

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.