SGS Market Timer Status: LONG
LONG as of the close of Friday, September 1, 2017
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must
Chances are good that Dems and Reps do not reach an agreement on DACA by this coming Friday which could cause a government shutdown. Indices could dip a couple of percents which would present a buying opportunity.
As shown above, SGS resumed its advance after a little dip earlier last week. That is bullish and signals higher prices ahead. BTFD.
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 Friday, September 1, 2017
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must
Chances are good that Dems and Reps do not reach an agreement on DACA by this coming Friday which could cause a government shutdown. Indices could dip a couple of percents which would present a buying opportunity.
The uptrend is very much intact and continuing. Indices are, however, overbought and chances of a sell-off to test ASL and weekly DTL are high.
My Plan
Per my plan, I opened my 2nd long position in SSO last week. My plan to do my 3rd and final long position in UPRO sometime this coming week, hopefully into a consolidation sell-off.
Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)
Per my plan, I opened my 2nd long position in SSO last week. My plan to do my 3rd and final long position in UPRO sometime this coming week, hopefully into a consolidation sell-off.
Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)
Current Long-Term Portfolio (2018)
Past Long-Term Portfolios (2008-2017)
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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