Sunday, June 9, 2024

SGS Market Timer is NEUTRAL

SGS Market Timer Status:  NEUTRAL 
NEUTRAL as as of the close of Friday June 7, 2024
Previous SGS Status

SGS is a Long-Term (weeks to months) Timer
SGS & SGS-ST Performance Data 

SGS Market Timer

As of the close of last Friday (6/7), the value of SGS was calculated to be -6 and the status of SGS changed from LONG to NEUTRAL.

S&P 500 Support And Resistance Levels

The support and resistance levels for the current week in the SPX are shown above.
My Plan

My plan is to close all long positions except for two small crypto positions and my long position in TLT.

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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. 

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