Subject: Modern Family 26-Jan-2024
Index Name: SP500 R1000EW R2000 Transportation Retail Regional Bank BioTech SemiConductor
Symbol: (daily) .SPX EQAL IWM IYT XRT KRE IBB SMH
As of (LastD) 26-Jan-24 26-Jan-24 26-Jan-24 26-Jan-24 26-Jan-24 26-Jan-24 26-Jan-24 26-Jan-24
Signal_Status* Bullish Bullish Bullish Bullish Bullish Bullish Bullish Bullish
SignalD_Change 09-Nov-23 20-Nov-23 20-Nov-23 20-Nov-23 20-Dec-23 20-Dec-23 09-Jan-24 09-Nov-23
SinceD_Change 78 67 67 67 37 37 17 78
Confirmed Yes Yes Yes Yes Yes Yes Yes Yes
-- -- -- -- -- -- -- -- --
Status_MAC(50) Support Support Support Support Support Support Support Support
Slope(50-DMA) 8.5% 8.5% 10.8% 11.2% 14.6% 20.3% 8.0% 15.4%
Status_MAC(200) Support Support Support Support Support Support Support Support
Slope(200-DMA) 11.8% 0.2% 0.7% 8.5% -1.1% -34.7% -2.3% 33.5%
DMAC(50,200) 6.0% 3.3% 4.0% 5.3% 7.3% 12.0% 1.8% 12.8%
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LastD_Price 4890.97 43.53 195.98 263.39 69.94 52.13 135.35 188.27
50-DMA 4686.86 42.56 190.44 254.75 68.24 49.51 129.38 170.34
200-DMA 4422.43 41.22 183.05 241.92 63.62 44.19 127.14 151.05
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# Signals /Yr 5 5 7 8 6 4 15 2
# BuyD /Yr 226 129 134 157 85 25 113 228
# NeutralD /Yr 0 20 22 30 31 29 32 0
# SellD /Yr 26 103 96 65 136 198 107 24
% BuyD /Yr 90% 51% 53% 62% 34% 10% 45% 90%
-- -- -- -- -- -- -- -- --
52wL(Daily) 3855.76 37.43 162.21 211.21 56.84 36.08 112.41 116.78
52wH(Daily) 4894.16 44.80 204.82 267.12 74.47 64.79 139.39 192.37
% Off_52wH NH 3% 5% 1% 6% 24% 3% NH
LastD_52wH 25-Jan-24 02-Feb-23 27-Dec-23 31-Jul-23 02-Feb-23 07-Feb-23 08-Jan-24 25-Jan-24
SinceD_52wH 1 358 30 179 358 353 18 1
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Modern Family: Symbol: Status:* Confirmed: Roles: (leading indicators that act as a guide for the stock market macro picture)
S&P 500 Index .SPX Bullish Yes - major U.S. market index
Russell 1000EW EQAL Bullish Yes - gauge the health of many Large-Mid companies within the U.S.
Russell 2000 IWM Bullish Yes - gauge the health of many Small-Micro companies within the U.S.
Transportation IYT Bullish Yes - measure Industry & Manufacture strength - supply and demand
Retail XRT Bullish Yes - measure strength economy and consumer confidence
Regional Banks KRE Bullish Yes - measure the health of financial system in the U.S.
BioTech IBB Bullish Yes - highly speculated: assesses where money is flowing
SemiConductor SMH Bullish Yes - innovation: a major player technology trends
As of (LastD) --- 26-Jan-24 26-Jan-24 ---
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 "Modern Family" signals(3) are not strictly identical to the (@MarketGauge.com) "Phases Tutorial"(6).
Market Phases Rev 5-Jan-2024
- "BEARish" phase when the closing price is below the 50-Day OR 200-Day moving averages for at least 5 days, while slope(MA) is Negative.(1o2)
- "Bullish" phase when the closing price is above the 50-Day OR 200-Day moving averages for at least 5 days, while either slope(MA) is Positive.(2o4)
- "Cautionary Warning" phase when the phases 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)
- "Confirmed" is when MAC(50) AND Slope(50-DMA) AND "Signal Status" phase agree.
GD_