S&P 500 Daily Perspective for Mon 20 Nov 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 bullish after it picked up on sustained market improvement. However, the slight downgrade in the Volatility Outlook at the end of last week is somewhat notable.

GDR Model Position

The GDR Model has increased its long position again. Tactical shifts like the ones we’ve seen over the last few days are relatively likely at this point.

S&P 500 Futures Market Profile Chart