SGS Market Timer Status: LONG
LONG as of the close of September 8, 2017
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must
SGS advanced higher every day last week and crossed its DTL. That is bullish. SGS is its way to challenge its ARL sometime next week.
SPX: S&P 500 Index SMA: Simple Moving Average
DJI: Dow Jones Industrial Index EMA: Exponential Moving Average
DJT: Dow Jones Transportation Index PDL: Primary Downtrend Line
NAZ: NASDAQ Composite Index PUL: Primary Uptrend Line
RUT: Russell 2000 Index ASL: Active Support Line
OEX: S&P 100 Index ARL: Active Resistance Line
NDX: NASDAQ 100 Index DTL: Dynamic Trend Line
TUL: Tentative Uptrend Line TDL: Tentative Downtrend Line
LONG as of the close of September 8, 2017
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must
SGS advanced higher every day last week and crossed its DTL. That is bullish. SGS is its way to challenge its ARL sometime next week.
The uptrend is still intact and continuing.
My Plan
Per my plan, I opened my 2nd long position in SSO on Wednesday. I'm watching SGS and as soon as DTL on SGS daily chart crosses above 39 D-EMA I will open my 3rd and final long position in UPRO.
Per my plan, I opened my 2nd long position in SSO on Wednesday. I'm watching SGS and as soon as DTL on SGS daily chart crosses above 39 D-EMA I will open my 3rd and final long position in UPRO.
SPX: S&P 500 Index SMA: Simple Moving Average
DJI: Dow Jones Industrial Index EMA: Exponential Moving Average
DJT: Dow Jones Transportation Index PDL: Primary Downtrend Line
NAZ: NASDAQ Composite Index PUL: Primary Uptrend Line
RUT: Russell 2000 Index ASL: Active Support Line
OEX: S&P 100 Index ARL: Active Resistance Line
NDX: NASDAQ 100 Index DTL: Dynamic Trend Line
TUL: Tentative Uptrend Line TDL: Tentative Downtrend Line
TLR: Trend Line Resistance TLS: Trend Line Support
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.
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.
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