Sunday, September 30, 2018

SGS Market Timer Is Neutral

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of Friday Sep 28, 2018
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

Chances are good that indices start selling between now and the mid-term election on November 6.

SGS declined last week, closed below +50 on Friday, and changed its status from LONG to NEUTRAL.  More selling is very likely.

Supports and resistances for SPX for the upcoming week are shown above.  

My Plan
twitter
info@balancetrading.org
#balancetrading
#OrangeSwan

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.
on