The highlighted block on top shows the current market trend.
Market direction plays an important role in individual stock's price performance. When the market is trending upwards, your stocks have much higher chance of upward price movement and vice versa. Therefore, I feel it is imperative to determine market direction before you put your money to work.
Table on the left is my market timing calls. I have listed my past market timing calls as well. I use several technical indicators in determining market directions. When the up trend is called, I start buying. If the up trend continues, I will be fully invested in long positions. When the down trend is called, I start selling my long positions. Sometimes I apply a little more aggressive strategy to sell short.