Sunday, March 17, 2019

Selling Is Done, Indices Look Good

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday Feb 8, 2019
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must




SGS advanced last week and it is in "LONG" territory, confirming rally higher.


Support and resistance levels for SPX for this week are shown above.


My Plan

The 60 Minutes interview with Powell was a game changer.  Per my tweet on 3/13, I did my first two buys, I bought SPY.   My plan is to do my second buy (SSO) sometime early this week.

Current Long-Term Portfolio (2019)
Past Long-Term Portfolios (2018-2008)

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Contact: opader@gmail.com



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.