Sunday, March 24, 2024

Indices Are Overbought

SGS Market Timer Status:  LONG 
LONG  as of the close of Friday Jan 26, 2024
Previous SGS Status

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


SGS Market Timer

As of the close of last Friday (3/22), the value of SGS was calculated to be +295 and 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.  All three major indices (SPX, NDX, and RUT) held their supports on their weekly charts but they are serenely overbought.  

My Plan

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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 17, 2024

Major Indices Are At Critical Supports

SGS Market Timer Status:  LONG 
LONG  as of the close of Friday Jan 26, 2024
Previous SGS Status

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


SGS Market Timer

As of the close of last Friday (3/15), the value of SGS was calculated to be +160 and 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.  All three major indices (SPX, NDX, and RUT) are at critical support levels on their weekly charts.  More selling this week would signal a high likelihood of a change in the trend and possibly more selling ahead. 

My Plan

I'm watching SPX, NDX, and RUT on their weekly charts.  If uptrend lines on those charts are breached this week and SGS continues to put in lower values, my plan is to close all long positions (except Crypto).


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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, March 11, 2024

Rally Since Last November Is Intact

SGS Market Timer Status:  LONG 
LONG  as of the close of Friday Jan 26, 2024
Previous SGS Status

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


SGS Market Timer

As of the close of last Friday (3/8), the value of SGS was calculated to be +402 and 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

I bought COST last week with 7% of my long-term money. My plan is to stay invested and add to my long positions if there is a significant sell-off.


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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 3, 2024

No Change, Rally Continues

SGS Market Timer Status:  LONG 
LONG  as of the close of Friday Jan 26, 2024
Previous SGS Status

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


SGS Market Timer

As of the close of last Friday (3/1), the value of SGS was calculated to be +340 and 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.  With major indices putting in new all-time highs, the rally since late November very likely continues.

My Plan

No change since last week, my plan is to stay invested and add to my long positions if there is a significant sell-off.


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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, February 25, 2024

Rally Very Likely Continues

SGS Market Timer Status:  LONG 
LONG  as of the close of Friday Jan 26, 2024
Previous SGS Status

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



SGS Market Timer

As of the close of last Friday (2/23), the value of SGS was calculated to be +231 and 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.  With major indices putting in new all-time highs, the rally since late November very likely continues.

My Plan

No change since last week, my plan is to stay invested and add to my long positions if there is a significant sell-off.


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.  

Monday, February 19, 2024

The Uptrend Is Intact

SGS Market Timer Status:  LONG 
LONG  as of the close of Friday Jan 26, 2024
Previous SGS Status

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



SGS Market Timer

As of the close of last Friday (2/16), the value of SGS was calculated to be +243 and 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.  The uptrend is intact.

My Plan

No change since last week, my plan is to stay invested and add to my long positions if there is a significant sell-off.


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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, February 11, 2024

Indices Can Remain Overbought For A While, A Long While

SGS Market Timer Status:  LONG 
LONG  as of the close of Friday Jan 26, 2024
Previous SGS Status

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



SGS Market Timer

As of the close of last Friday (2/9), the value of SGS was calculated to be +188.  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.  Since late November 2023, SPX has rallied 25%.  Short-term, indices are overbought but indices can remain overbought for a while, a long while.

My Plan

With SGS being LONG, my plan is to stay invested and add to my long positions if there is a significant sell-off.


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, February 4, 2024

Short-term, Indices Are Overbought

SGS Market Timer Status:  LONG 
LONG  as of the close of Friday Jan 26, 2024
Previous SGS Status

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


SGS Market Timer

As of the close of last Friday (2/2), the value of SGS was calculated to be +137.  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.  Since late November 2023, SPX has rallied 21%.  Short-term, indices are overbought and there is a good chance that SPX sells off this week to test supports.

My Plan

I bought SMH last Tuesday.  With SGS being LONG, my plan is to stay invested and add to my long positions if there is a significant sell-off.


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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, January 28, 2024

SGS Market Timer Is LONG

SGS Market Timer Status:  LONG 
LONG  as of the close of Friday Jan 26, 2024
Previous SGS Status

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


SGS Market Timer

As of the close of last Friday (1/26), the value of SGS was calculated to be +125.  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.  Indices are overbought and there is a good chance that SPX sells off early this week to test supports.

My Plan

With SGS going from NEUTRAL to LONG, my plan is to buy SMH with half of my remaining cash sometime early this week.  There is a good chance that SMH sells off to around 180.  My plan is to buy SMH at 180.16 via GTC orders.


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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, January 21, 2024

SGS Market Timer Is NEUTRAL

SGS Market Timer Status:  NEUTRAL 
NEUTRAL  as of the close of Friday Jan 19, 2024
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 (1/19), the value of SGS was calculated to be -39.  The status of SGS changed from LONG to NEUTRAL.

S&P 500 Support And Resistance Levels

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

My Plan

With SGS going from LONG to NEUTRARL, I'm watching indices this week and planning to close my long position if the daily value of SGS does not improve.


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, January 14, 2024

Rally Continues

SGS Market Timer Status:  LONG 
LONG  as of the close of Friday Nov 24, 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 (1/12), the value of SGS was calculated to be +76.  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.  Indices very likely continue their rally this week.

My Plan
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, January 7, 2024

Indices Very Likely Resume Their Rally

SGS Market Timer Status:  LONG 
LONG  as of the close of Friday Nov 24, 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 (1/5), the value of SGS was calculated to be +123.  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.  Indices very likely resume their rally sometime this week.

My Plan

I'm watching indices and very likely open new long positions this week. 


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. 

Monday, January 1, 2024

Indiecs Are Overbought

SGS Market Timer Status:  LONG 
LONG  as of the close of Friday Nov 24, 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 (12/29), the value of SGS was calculated to be +344.  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.  Indices are overbought and there is a good chance that indices sell off on the back of profit taking and tax-selling.

My Plan

Last Friday I closed my long SPY, QQQ, and IWM positions.  There is a good chance that indices sell off during the first week of 2024.  I'm planning new long positions shortly after first few days of trading. 

Happy New Year


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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.