S&P 500 Daily Perspective for Thu 16 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 markets continued improving and is now bullish.

GDR Model Position

The GDR Model has increased its long position yet again. The underlying strength in the market is there and the volatility outlook is favorable. There are no guarantees, but conditions such as these have tended to be profitable for long positions in the past.

S&P 500 Futures Market Profile Chart