S&P 500 Daily Perspective for Thu 1 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

Unlike some of the liquidations from earlier this month, there was some real weakness detected today from the start. If it is sustained, the GDR Model is likely to turn to a neutral or bearish outlook.

GDR Model Position

In line with the weakness the GDR Model picked up on today, it has immediately reduced its long position by roughly half. It will continue to adjust positioning according to the underlying strength or weakness in the market.

S&P 500 Futures Market Profile Chart