Sunday, June 21, 2015

New All Time Highs Are Coming Up

SGS Market Timer Status:   LONG 
LONG as of close of 3/16/2015
RTS Current Portfolio (2015)

NAZ and RUT put in new all time highs last week.  Chances are excellent that SPX follows suit this week.  SPX confirmed a double bottom (2072) on Thursday.  The objective for that double bottom pattern is around 2160 which would be a new all time high for SPX.

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.