S&P 500 Daily Perspective for Tue 24 Oct 2023

GDR Model Performance

This year has been challenging for the GDR Model’s style due to low confidence in the market at the start of the year.

GDR Model Outlook

The market has deteriorated materially and the GDR Model is now mostly bearish.

GDR Model Position

The GDR Model is flat after significant deterioration in the market. Sustained deterioration is likely to see the model open a short position.

S&P 500 Futures Market Profile Chart