Subject: Re: Modern Family 15-Sep-23
IBD Investors Podcast-Market Phases, Calendar Ranges, Picks
1 Bullish Buy Time Price above both MAs Slopes Both Positive 50-DMA Above 200-DMA
2 Accumulation Buy Time Price above both MAs Slopes Neutral to Positive 50-DMA Below 200-DMA
3 Recovery Buy Time Price above 50 Below 200 MAs Slope 50 Neutral or Positive 50-DMA Below 200-DMA
4 Bearish Sell Time Price Below both MAs Slopes Both Negative 50-DMA Below 200-DMA
5 Distribution Sell Time Price Below both MAs Slopes Neutral to Negative 50-DMA Above 200-DMA
6 Warning Sell Time Price below 50 above 200 MAs Slope 50 Neutral or Negative 50-DMA Above 200-DMA
The Economic Modern Family (MarketGauge.com) is a combination of one market index and 5 varying sectors & groups for "Market Analysis".
Trend indicators that give you an overall weekly gauge of how aggressive or not to be on the long or short side.
*My "Economic Modern Family" signals(3) are not strictly identical to the MarketGauge.com "Phases Tutorial"(6). Rev 9/19/2023
Market Phases
- "BEARish" phase is when the closing price is below the 50-Day and 200-Day moving averages for at least 5 days, while both MA slopes are Negative.
- "Bullish" phase is when the closing price is above the 50-Day and 200-Day moving averages for at least 5 days, while both MA slopes are Positive.
- "Cautionary Warning" phase is when the moving average crossovers(MAC) and MA slopes are not "BEARish" or "Bullish".
- "Support" is the level(floor) at which demand is strong enough to stop the stock from falling any further. (MAC positive 5d)
- "Resistance" is the level(ceiling) at which supply is strong enough to stop the stock from moving higher. (MAC negative 5d)
GD_