S&P 500 Daily Perspective for Fri 17 May 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 back to bullish as it has picked up on meaningful, consistent strength in the market. It seems like the sell-off in April may well have been just a quick liquidation before the trend continuing higher.

GDR Model Position

The GDR Model has a meaningful long position as the market has shown meaningful strength for a while.

S&P 500 Futures Market Profile Chart