S&P 500 Daily Perspective for Tue 11 Jun 2024

GDR Model Performance

Please see the Performance page for more detailed performance numbers, how they’re calculated and a chart.

GDR Model Outlook

The GDR Model is neutral to bearish. The market’s recent strength is continuing to wane, at least for now…

GDR Model Position

Despite the rally today, the GDR Model is detecting mounting weakness in the market. As such, the model opened a modest short position. As previously mentioned, we’re in a period during which the model is more likely to be nimble going in and out of positions.

S&P 500 Futures Market Profile Chart