Subject: Modern Family 03-Nov-23
Index Name: SP500 R1000EW R2000 Transportation Retail Regional Bank BioTech SemiConductor
Symbol: (daily) .SPX EQAL IWM IYT XRT KRE IBB SMH
As of (LastD) 03-Nov-23 03-Nov-23 03-Nov-23 03-Nov-23 03-Nov-23 03-Nov-23 03-Nov-23 03-Nov-23
Signal_Status:* Caution Caution Caution Caution BEARish BEARish Caution Caution
LastD_Change 21-Sep-23 23-Oct-23 21-Aug-23 22-Aug-23 09-Oct-23 17-Oct-23 27-Jun-23 13-Sep-23
SinceD_Change 43 11 74 73 25 17 129 51
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Status_MAC(50) Resistance Resistance Resistance Resistance Resistance Resistance Resistance Resistance
Slope(50-DMA) -3.3% -6.3% -8.4% -9.1% -8.4% -8.4% -4.5% -4.9%
Status_MAC(200) Resistance Resistance Resistance Resistance Resistance Resistance Resistance Support
Slope(200-DMA) 8.4% 0.3% 1.2% 6.5% -1.0% -32.8% 3.7% 27.5%
DMAC(50,200) 2.4% -2.6% -3.1% -0.8% -4.2% -8.9% -4.1% 6.1%
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Last_Price 4358.34 39.80 174.49 227.33 62.08 43.62 119.79 149.51
50-DMA 4347.64 40.02 176.19 233.69 60.56 41.78 122.45 146.87
200-DMA 4247.62 41.10 181.86 235.56 63.19 45.86 127.75 138.38
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# Signals /Yr 7 11 8 7 10 5 8 7
% BuyD /Yr 55% 26% 28% 31% 23% 0% 24% 54%
% NeutralD /Yr 42% 51% 62% 64% 50% 55% 73% 44%
% SellD /Yr 4% 23% 10% 5% 27% 45% 3% 2%
-- -- -- -- -- -- -- -- --
52wL(Daily) 3719.89 37.43 162.21 207.32 56.84 36.08 112.41 91.45
52wH(Daily) 4588.96 44.80 198.71 267.12 74.47 65.49 138.43 160.62
%Off_52wH -5% -11% -12% -15% -17% -33% -13% -7%
LastD_52wH 31-Jul-23 02-Feb-23 31-Jul-23 31-Jul-23 02-Feb-23 10-Nov-22 02-Dec-22 31-Jul-23
SinceD_52wH 95 274 95 95 274 358 336 95
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Modern Family: Symbol: Status:* MAC(50): Slope(MA): MAC(200): Slope(MA): Roles: (leading indicators that act as a guide for the stock market macro picture)
S&P 500 Index .SPX Caution Resistance -3.3% Resistance 8.4% - major U.S. market index
Russell 1000EW EQAL Caution Resistance -6.3% Resistance 0.3% - gauge the health of many Large-Mid companies within the U.S.
Russell 2000 IWM Caution Resistance -8.4% Resistance 1.2% - gauge the health of many Small-Micro companies within the U.S.
Transportation IYT Caution Resistance -9.1% Resistance 6.5% - measure Industry & Manufacture strength - supply and demand
Retail XRT BEARish Resistance -8.4% Resistance -1.0% - measure strength economy and consumer confidence
Regional Banks KRE BEARish Resistance -8.4% Resistance -32.8% - measure the health of financial system in the U.S.
BioTech IBB Caution Resistance -4.5% Resistance 3.7% - highly speculated: assesses where money is flowing
SemiConductor SMH Caution Resistance -4.9% Support 27.5% - innovation: a major player technology trends
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% BEARish as of 03-Nov-23 25% 100% 100% 88% 25% ---
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).
Market Phases Rev 10/20/2023
- "BEARish" phase is when the closing price is below the 50-Day and 200-Day moving averages for at least 5 days, while both slopes(MA) 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 one of two slopes(MA) is Positive.
- "Cautionary Warning" phase is when the moving average crossovers(MAC) and slopes(MA) 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_