S&P 500 Daily Perspective for Wed 27 Sep 2023

GDR Model Performance

This year has been challenging for the GDR Model’s style due to low confidence in the market at the start of the year.

GDR Model Outlook

The GDR Model is now neutral to bearish as the market has weakened throughout the last two weeks. Time will tell whether that weakness will be sustained and leads to a more serious sell-off.

GDR Model Position

The GDR Model is slightly short to flat.

S&P 500 Futures Market Profile Chart

** Due to travel, the S&P 500 Futures Market Profile Chart will not be provided until Monday, 2 October. **