Sunday, June 25, 2017

Market Is On Razor's Edge

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of June 16, 2017
SGS is a Long-Term (weeks to months) Timer


SGS is below its DTL and things could get ugly next week.


Chances are high that we see a sell-off and test of PUL-3 sometime this coming week.

My Plan

I'm still 1/3 in long in SPY.  I am watching to see how SPX does if it sells off to test its PUL-3.


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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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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Sunday, June 18, 2017

SGS Market Timer Is NEUTRAL

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of June 16, 2017
SGS is a Long-Term (weeks to months) Timer


SGS closed remained below its DTL as of the close of last Friday. SGS is now "NEUTRAL".


With SGS turning "NEUTRAL", chances are good that indices start a sell-off.

My Plan

My plan is to close my SPY long position sometime Monday AM.


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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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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Sunday, June 11, 2017

New All-Time Highs Are Ahead

SGS  Market Timer Status:  LONG 
LONG as of the close of May 26, 2017
SGS is a Long-Term (weeks to months) Timer


SGS is still above its DTL and ADL, signaling more rallies ahead.


No change since last week, chances are excellent that indices head higher between now and mid-summer. 

My Plan

Per my plan, I did my first buy of three in SPY.  I'm looking for a sell off to do my 2nd buy in SSO.


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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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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Sunday, June 4, 2017

Indices Look Good, Dips Should Be Bought

SGS  Market Timer Status:  LONG 
LONG as of the close of May 26, 2017
SGS is a Long-Term (weeks to months) Timer


SGS is not above its DTL and ADL, signaling more rallies ahead.


Chances are excellent that indices head higher between now and mid-summer. 

My Plan

My plan is to do my first buy of three on Monday, 1/3 in SPY.



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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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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Monday, May 29, 2017

SGS Is "LONG"

SGS  Market Timer Status:  LONG 
LONG as of the close of May 26, 2017
SGS is a Long-Term (weeks to months) Timer


SGS went up and closed above its DTL last week, but it's still below its ADL. 


I'm not sure where indices are heading.

My Plan

I'm watching from the sideline to see of SGS would close above its ADL.  A close ADL this coming week would be bullish and I would feel comfortable opening long position at that point.



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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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.
on

Sunday, May 21, 2017

Indices Are About To Take A Big Leg Down

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of May 12, 2017
SGS is a Long-Term (weeks to months) Timer


SGS is now significantly below its DTL and ADL signaling more selling ahead.


Chances are good that major indices take a big leg down next week.  Support levels are shown on the chart above.

My Plan

I'm watching from the sideline.



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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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.
on

Sunday, May 14, 2017

SGS Is "NEUTRAL"

SGS  Market Timer Status:  NEUTRAL 
NEUTRAL as of the close of May 12, 2017
SGS is a Long-Term (weeks to months) Timer

On Friday, SGS closed below its DTL (13 D-EMA), signaling a sell-off next week.

Chances are high that SPX sells off to test supports shown on the weekly chart shown above.

My Plan

I'm watching from the sideline.



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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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.
on

Sunday, May 7, 2017

Volatility Is Returning

SGS  Market Timer Status:  LONG 
LONG as of close of November 11, 2016
SGS is a Long-Term (weeks to months) Timer


Generally speaking, things are pretty bullish and indices could go up another 10% to 15% from here before we see a sizable pullback.  There are signs, however, that point to no or limited advance in indices.  As shown in the chart above, SPX challenged its recent all-time high (2400) in the last couple of weeks twice but both times on a shrinking number of news highs s and expanding number of new lows.  That is a classic bearish divergence.

SPX unsuccessfully challenged its all-time high last week again. I expect another volatile week ahead and a possible test of its TUL and PDL-0 around 2365 and 2340, respectively.

My Plan

My plan is to open my first long position of three in SPY and QQQ sometime early on Monday.



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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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.
on

Sunday, April 30, 2017

Another Volatile Week Is Coming Up

SGS  Market Timer Status:  LONG 
LONG as of close of November 11, 2016
SGS is a Long-Term (weeks to months) Timer
Again SGS ticked higher every day last week, touched it ADL on Thursday and on Friday it ticked lower for the first time in 10 trading day.  This is all very bullish and chances of indices going much higher are good.

My Outlook

SPX unsuccessfully challenged its all-time high last week. I expect another volatile week ahead and a possible test of its TUL and DTL around 2340.

My Plan

My plan is to open my first long position of three in SPY sometime this coming week, hopefully into a sell-off to test support at 2340.



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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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.
on

Sunday, April 23, 2017

Volatility Continues And Presents A Buying Opportunity

SGS  Market Timer Status:  LONG 
LONG as of close of November 11, 2016
SGS is a Long-Term (weeks to months) Timer


SGS ticked higher every day last week, signaling that sell-off since early March very likely has run its course.  On Thursday and Friday, SGS closed above its DTL signaling a good entry point for opening long positions. 


As shown on the chart above, while SGS is "LONG", i.e. SGS value is greater than zero, SGS crossing its DTL have been good points to open (when crossing above DLT from below) and to close (when crossing below DLT from above) long positions.

My Outlook

Chances are good that the sell-off since early March ended last and indices are heading higher to challenge their new all-time highs. I expect a volatile week ahead because of the election in France and the possibility of a government shutdown on Friday.

My Plan

My plan is to open my first long position of three in SPY sometime early this coming week.



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    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend 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.
on

Saturday, April 15, 2017

A Volatile Week Is Very Likely Ahead

SGS  Market Timer Status:  LONG 
LONG as of close of November 11, 2016
SGS is a Long-Term (weeks to months) Timer

SGS ticked lower for the week, signaling more selling is very likely in the coming week.  As of the close of Friday, all major indices (DJI, DJT, NAZ, RUT and SPX) are trading below their 50 D-SMA's. That's bearish and signals more selling ahead.

My Outlook

Bears are firmly in charge now and will push indices much lower next week.  I expect SPX to test price support at 2300 and its PUL-2 around 2260.  A close below PUL-2 on weekly basis would signal significant selling ahead.

My Plan

No change since last week, I am going to follow SGS and start buying SPY if SGS starts to uptick and closes above its DTL. If SGS continues lower and crosses its zero line and turns "SHORT", I would start opening short positions in SPX by buying SH.



SPX: S&P 500 Index    D-SMA: Daily - Simple Moving Average
DJI: Dow Jones Industrial Index    D-EMA: Daily - Exponential Moving Average
DJT: Dow Jones Transportation Index    PDL: Primary Downtrend Line
NAZ: NASDAQ Composite Index    PUL: Primary Uptrend Line
RUT: Russell 2000 Index    ADL: Active Downtrend Line
OEX: S&P 100 Index    AUL: Active Uptrend Line
NDX: NASDAQ 100 Index    DTL: Dynamic Trend Line   
TUL: Tentative Uptrend Line   TDL: Tentative Downtrend Line

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.
on
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