S&P 500 Daily Perspective for Mon 22 Jan 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. The weakness that started showing up a couple of weeks back is now showing up as cross-currents in the model. Note that despite price rising dramatically last Friday, the model still flagged it as a generally weak day.

GDR Model Position

The GDR Model has pared back its position to essentially flat. As mentioned above, the weakness that the model detected of recent has been around persistently for some time, which has led to closing out the previous long equity position.

S&P 500 Futures Market Profile Chart