S&P 500 Daily Perspective for Fri 23 Feb 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 bullish, but some weakness has creeped in to start the week. Moreover, while today’s rally was impressive in terms of price appreciation, the model has perceived it as weak.

GDR Model Position

The GDR Model has recently reduced its long position due to weakness in the market, and today’s rally did not show enough strength for the model to add back to it. Regardless, the model maintains a significant long position.

S&P 500 Futures Market Profile Chart