S&P 500 Daily Perspective for Tue 8 Aug 2023

The market is looking indecisive with potential for both upside and downside

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 picked up on considerable weakness last week. It remains to be seen whether it will be sustained.

GDR Model Position

The GDR Model has gone back to slightly long again. These are small positions and should be interpreted as the market being indecisive at this point.

S&P 500 Futures Market Profile Chart