Sunday, June 25, 2023

Indices Look Good

SGS Market Timer Status:  LONG 
LONG as of the close of Friday June 9, 2023
Previous SGS Status

SGS is a Long-Term (weeks to months) Timer
SGS Performance Data 
Why Market Timing Is A Must

 
SGS Market Timer

As of the close of last Friday (6/23), the value of SGS was calculated to be +53.  The status of SGS remains LONG.


S&P 500 Support And Resistance Levels


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


My Plan

Per may plan, I put another 10% of my account into SMH.  I am planning to put more cash to work in coming days.




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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.  

Monday, June 19, 2023

Rally In Indices Cotinues

SGS Market Timer Status:  LONG 
LONG as of the close of Friday June 9, 2023
Previous SGS Status

SGS is a Long-Term (weeks to months) Timer
SGS Performance Data 
Why Market Timing Is A Must

 
SGS Market Timer

As of the close of last Friday (6/16), the value of SGS was calculated to be +222.  The status of SGS remains LONG.


S&P 500 Support And Resistance Levels

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


My Plan

Per may plan, I put 10% of my account into SSO.  I am planning to put more cash to work in coming days.




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. 

Sunday, June 11, 2023

SGS Market Timer Is Long

SGS Market Timer Status:  LONG 
LONG as of the close of Friday June 9, 2023
Previous SGS Status

SGS is a Long-Term (weeks to months) Timer
SGS Performance Data 
Why Market Timing Is A Must

 
SGS Market Timer

As of the close of last Friday (6/9), the value of SGS was calculated to be +108.  The status of SGS changed from NEUTRAL to LONG.


S&P 500 Support And Resistance Levels

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


My Plan

With the value of SGS increasing during the week, last Thursday I put 15% of my cash in SMI, 15% in IWM, and last Friday I put another 15% in QQQ.  With SGS being "LONG" now, my plan is to put more cash to work in coming days.




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. 

Sunday, June 4, 2023

SGS Market Timer Is Neutral

SGS Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of Friday June 2, 2023
Previous SGS Status

SGS is a Long-Term (weeks to months) Timer
SGS Performance Data 
Why Market Timing Is A Must

 
SGS Market Timer

As of the close of last Friday (6/2), the value of SGS was calculated to be +3.  The status of SGS changed from SHORT to NEUTRAL.


S&P 500 Support And Resistance Levels

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


My Plan

No change, I'm 95% in cash and my plan is to stay in cash for now. Cash is earning around 4% at Fidelity.




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.