SMO Exclusive: Market Strength Score 2024-04-24 (No New Shorts)
U.S. Stock Market status change as of 2024-04-24, NO NEW SHORTS per the exclusive Stock Market Organizer objectively calculated POSITIVE Market Strength Score (+14%, scale is -100% to 100%).
WHAT
Recent Market Strength Score readings:
- 88.4% Wed 2024-04-17
- 89.5% Thu 2024-04-18
- 90.3% Fri 2024-04-19 – RECENT LOW
- 90.0% Mon 2024-04-22
- 87.8% Tue 2024-04-23
+14.2% Wed 2024-04-24 (today)
WHY
I’m focused on Process and Discipline, not Prediction. I use this tool – created from scratch – to objectively govern big picture decisions, overriding discretionary instincts that can never be consistently correct. And which can be disastrously driven by emotions.
KEYS
🔹 Signal duration depends solely on objective market action measurement.
🔹 It conveys what “is” – not “why,” or for how long.
🔹 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 “exit existing long positions.” Only potential new positions are impacted by the critical question of “what is the market doing now?”
Existing open positions are exited when their behavior negates the entry thesis.
