SMO Exclusive: +7% Market Strength Score 2024-08-12 (No New Shorts)

SMO Exclusive: +7% Market Strength Score 2024-08-12 (No New Shorts)
Negative Market Strength Score means No New Shorts.

U.S. Stock Market status change as of 2024-08-12: NO NEW SHORTS per the exclusive Stock Market Organizer objectively calculated POSITIVE Market Strength Score (+7%, scale is -100% to 100%).

Given the positive strength score, Page 2 shows what tops have historically looked like through a Sector Risk Gauge perspective.


LAST CHANGE

To -47% Thursday 2024-08-01.


KEYS

๐Ÿ”น Signal duration depends solely on objective market action measurement.
๐Ÿ”น It conveys what โ€œisโ€ โ€“ not โ€œwhy,โ€ or for how long.
๐Ÿ”น It is an objective, repeatable, and reliable tool to

  • enforce discipline,
  • prevent unforced errors,
  • eliminate emotion and confusion, and
  • make sound decisions in all market environments.

DETAIL

This enforced discipline ensures new positions are opened only in the direction of market strengthening or weakening.

If strengthening, only new long positions can be opened.

If weakening, only new short positions can be opened.

Why? Trend respect.

Market weakening does not mean โ€œexit existing long positions.โ€ Only potential new positions are impacted by the critical question of โ€œwhat is the market doing now?โ€

Existing open positions are exited when their behavior negates the entry thesis.