S&P 500 Daily Perspective for Fri 31 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 neutral. The market deteriorated noticeably over the last several days. As always, this can be gone by tomorrow or next week or it can be the start of a more meaningful sell-off… Time will tell…

GDR Model Position

Following the weakness in the last few days, the GDR Model has all but closed its long position. Should the market strengthen back up then it will likely reopen the long.

S&P 500 Futures Market Profile Chart