Wednesday, March 30, 2016

Wednesday ... March 30, 2016

SGS_LT  Market Timer Status:  SHORT 
Short as of close of Dec 11, 2015
SGS_LT is a Long Term (weeks to months) timer
Current Long Term Portfolio (2016)

sgs_st  Market Timer Status:  short 
Short as of  1:00 PM on Feb 18, 2016
sgs_st  is a short term (hours to days) timer for SPX
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@ 13:20 - SPX is selling off to test its DTL (13 H-EMA) on its hourly chart.  A close below that line would signal a very likely test of PUL-0 again.

Yellen double downing on her dovishness yesterday was totally surprising.  Is the US economy entering into a recession?

@  09:15 - Support: 2035
                  Resistance:  2075


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   
TUL: Tentative Uptrend Line   TDL: Tentative Downtrend 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.


  1. When will your long term market timer move to neutral VSG? What is your plan with your current long term shorts? Thanks

    1. My plan is to close shorts. SGS_LT very likely goes NEUTRAL as of close of Friday unless indices tank in the next couple of days.

  2. entered first short today...had a target of 2072 plan on scaling in.

  3. Good plan, assuming very short term .. VSG

    1. looking for a move to 1970...think we form a topping pattern and sell off hard going into summer. Maximum pain has been achieved for those caught short. Yellen is scared of a recession. Think we get some bad data Fed late to react. Still targeting 1500-1600 area before QE4 is unleashed...

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