S&P 500 Daily Perspective for Tue 12 Sep 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 GDR Model is now neutral to bearish as the market has weakened throughout last week. Time will tell whether that weakness will be sustained.

GDR Model Position

In line with the weakness in the market, the GDR Model is now slightly short.

S&P 500 Futures Market Profile Chart