Sunday, January 8, 2017

A New Bull Leg?

SGS_LT Market Timer Status:  LONG 
LONG as of close of  November 11, 2016
SGS_LT is a Long Term (weeks to months) Timer
Current Long Term Portfolio (2017)
Past Long Term Portfolios (2008-2016)

Is this the beginning of a new bull leg?  I don't know, I am going to wait and see how indices and stocks behave in a sell off which should be coming our way soon.

I'm planning to include my usual charts and analysis in my weekly post very soon.  Still trying to recover from the shock of the election and rally since the election :). 

My Plan

For now I'm staying in cash.

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.