SGS Market Timer Status: LONG
LONG as of the close of Friday July 14, 2023
Previous SGS Status
SGS is a Long-Term (weeks to months) Timer
SGS Performance Data
Why Market Timing Is A Must
In 2024, if Trump is not the Republican's presidential nominee, Republicans would be demolished in the election. Not only they would lose the White House, but they would also lose the House and the Senate. The reason is that if Trump is not at the top of the Republican ticket, his loyal supporters (MAGA, about 20% to 30% of the Republican vote) would not bother to come out to vote. With 20% to 30% of Republican vote being a no-show on the election day, Republicans would lose and lose bigly.
SGS Market Timer
As of the close of last Friday (7/28), the value of SGS was calculated to be +152. The status of SGS remains LONG.
S&P 500 Support And Resistance Levels
My Plan
My plan to add to my long positions early this week. Planning to add additional 5% to SMH and another 5% to QQQ.
twitter
opader@gmail.com
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
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