Sunday, April 3, 2016

Weekend ... April 2-3, 2016

It's Going To Be Earnings And Forecast

If earnings and outlook are good, then SPX would very likely rally to take out its all time high (2134) and go up much higher.  If earnings and outlook are disappointing, then SPX would very likely sell off to take out its recent lows (around 1800) and go substantially lower.

Long Term Outlook (Weeks to Months):

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)
Past Long Term Portfolios (2008-2015)

No change since last weekend update.

Short Term Outlook (Days to  to Weeks):

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
No change since last weekend update.

MY Plan:

No change since last weekend update.  I'm taking a couple of weeks off.  I'm travelling.

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 informational  purposes only and should not be construed in any way as investment advice or recommendation.  Furthermore, the opinions expressed may change without notice.