S&P 500 Daily Perspective for Fri 14 Jun 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 neutral to bullish. The CPI data release this morning brought meaningful strength back into the market yesterday, but today the market showed weakness again. The question is whether there will be enough strength to produce another leg higher.

GDR Model Position

Following renewed strength in the market, the GDR Model has significantly reduced its short position. The model is likely to remain nimble for the foreseeable future.

S&P 500 Futures Market Profile Chart