S&P 500 Daily Perspective for Thu 13 Jun 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 to bullish. The CPI data release this morning brought meaningful strength back into the market. The question is whether it will sustain for the market to produce another leg higher.

GDR Model Position

Following renewed strength in the market, the GDR Model has significantly reduced its short position. If this type of strength is sustained then the model is likely to open a long position.

S&P 500 Futures Market Profile Chart