S&P 500 Daily Perspective for Wed 17 Jan 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 now neutral. The weakness that started showing up a coupe of weeks back is now showing up as cross-currents in the model. Despite the Volatility Outlook being at its most positive reading, that can change quickly and thus the current situation warrants caution.

GDR Model Position

The GDR Model has pared back its position to essentially flat. As mentioned above, the weakness that the model detected of recent has been around persistently for some time, which has led to the reduction in long equity risk.

S&P 500 Futures Market Profile Chart

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