Rally Continues

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday October 15, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

Major indices, expect for RUT, reached fresh new all-time highs last week.  That is bullish and signals higher prices for major indices between now and the end of the year.  Sometime in early November, the Fed is to announce its "taper" plan.  There is a good chance that the Fed announces a super dovish plan which could push indices much higher in a strong Christmas rally.

SGS Market Timer

As of the close of last Friday (10/29), the value of SGS was calculated to be +248 and the status of SGS remains LONG.

S&P 500 Support And Resistance Levels

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

My Plan

I am now 100% in.

Current Long-Term Portfolio

Past Long-Term Portfolios

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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.  

Indices Look Good

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday October 15, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

Generally speaking, earnings reports have been solid and stocks of companies with good reports have gone up.  That is bullish and signals higher prices for major indices between now and end of this year.  Sometime next month, the Fed is to announce their "taper" plan.  There is a good chance that the Fed announces a super dovish plan which could push indices higher in a strong Christmas rally.

SGS Market Timer

As of the close of last Friday (10/22), the value of SGS was calculated to be +300 and the status of SGS remains LONG.

S&P 500 Support And Resistance Levels

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

My Plan

Per my plan, I opened new long positions in QQQ and SPY last Thursday.  I am now 100% in.

Current Long-Term Portfolio

Past Long-Term Portfolios

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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.  

Earnings Will Make Or Break Indices

SGS  Market Timer Status:  LONG 
LONG as of the close of Friday October 15, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

A number of companies are reporting earnings this week.  If their stocks sell off significantly despite good earnings,  that would be a giant red flag for indices, especially NDX.

SGS Market Timer

As of the close of last Friday (10/15), the value of SGS was calculated to be +324 and the status of SGS changed from NEUTRAL to LONG.

S&P 500 Support And Resistance Levels

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

My Plan

Per my plan, I opened new long positions in XLF, XLE, XLB, and XLI last Monday.  On Friday, I also open a new long position in IWM.

I have 10% remaining in cash and for now I am going to watch earnings and see how indices react to them.

Current Long-Term Portfolio

Past Long-Term Portfolios

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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.  

Selling Is Very Likely Done

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of Friday October 08, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

SGS Market Timer

As of the close of last Friday (10/8), the value of SGS was calculated to be +42 and the status of SGS changed from SHORT to NEUTRAL.

S&P 500 Support And Resistance Levels

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

My Plan

I didn't open any short positions last week.  My plan is to open long positions in SPY (15%), QQQ (15%), IWM (15%), XLE (25%), and XLF (25%) sometime early this week.

Current Long-Term Portfolio

Past Long-Term Portfolios

twitter
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.  

SGS Market Timer is SHORT

SGS  Market Timer Status:  SHORT 
SHORT as of the close of Friday October 01, 2021
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must

SGS Market Timer

As of the close of last Friday (10/1), the value of SGS was calculated to be -64 and the status of SGS changed from NEUTRAL to SHORT.

S&P 500 Support And Resistance Levels

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

My Plan

Per my plan I closed my long positions last Wednesday (should have done it last Monday).  For now I am watching and planning to open a position in SPXS.

Current Long-Term Portfolio

Past Long-Term Portfolios

twitter
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.