S&P 500 Daily Perspective for Wed 24 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 market is showing real strength once again so the GDR Model is back to bullish. However, note that this could be fleeting and there is no promise that this will lead to another rally like the one at the end of last year.

GDR Model Position

Given the recent significant strength in the market the GDR Model has once again opened a meaningful long position. Should the market weaken again it’s likely to close it or at least pare back some risk.

S&P 500 Futures Market Profile Chart