Sunday, March 27, 2022

SGS Market Timer Is SHORT

SGS  Market Timer Status:  SHORT 
SHORT as of the close of Friday March 25, 2022
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 (3/25), the value of SGS was calculated to be -138 and the status of SGS changed from NEUTRAL to SHORT.  That is a disappointing number for bulls.  It indicates that indices are pushed higher via big caps while the broader market having a hard time catching up.  I think there is a good chance that we see a small sell-off next week before heading higher. 


S&P 500 Support And Resistance Levels

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


My Plan

The value of SGS didn't go above +50 last week.  I am 95% in cash and watching from the sideline.



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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.   

Sunday, March 20, 2022

SGS Market Timer Is NEUTRAL

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of Friday March 18, 2022
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 (3/18), the value of SGS was calculated to be -15 and the status of SGS changed from SHORT to NEUTERAL


S&P 500 Support And Resistance Levels

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


My Plan

My plan is to watch SGS and if its daily calculated value goes higher than +50, I would open long positions.




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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.  

Sunday, March 13, 2022

Selling Continues

SGS  Market Timer Status:  SHORT 
SHORT as of the close of Friday January 7, 2022
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 (3/11), the value of SGS was calculated to be -858 and the status of SGS remains SHORT.  


S&P 500 Support And Resistance Levels

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


My Plan

Per my plan I closed my long positions last Tuesday.  Looking to open short positions sometime this week.




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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. 

Sunday, March 6, 2022

Ukraine / Russia Situation Is Getting Serious

SGS  Market Timer Status:  SHORT 
SHORT as of the close of Friday January 7, 2022
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
Why Market Timing Is A Must


Both Russia and the West are issuing new threats.  Hopefully this would not end in a direct conflict between NATO and Russian forces. 


SGS Market Timer

As of the close of last Friday (3/4), the value of SGS was calculated to be -741 and the status of SGS remains SHORT.  


S&P 500 Support And Resistance Levels

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


My Plan

I am watching SPX 4222.  A close below that would signal significant selling ahead.  My plan is to close my long position should SPX closes below 4222.




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.