Subject: Modern Family 15-Dec-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) 15-Dec-23 15-Dec-23 15-Dec-23 15-Dec-23 15-Dec-23 15-Dec-23 15-Dec-23 15-Dec-23
Signal_Status:* Bullish Bullish Bullish Bullish Caution Caution Caution Bullish
LastD_Change 08-Nov-23 20-Nov-23 20-Nov-23 20-Nov-23 20-Nov-23 08-Nov-23 15-Dec-23 12-Jan-23
SinceD_Change 37 25 25 25 25 37 0 337
Confirmed(50d) No No No No na na na Yes
-- -- -- -- -- -- -- -- --
Status_MAC(50) Support Support Support Support Support Support Support Support
Slope(50-DMA) -0.5% -4.4% -6.2% -5.2% -1.9% -2.5% -6.7% 2.4%
Status_MAC(200) Support Support Support Support Support Support Resistance Support
Slope(200-DMA) 10.4% 0.2% 0.7% 7.7% -1.4% -36.4% 0.0% 31.7%
DMAC(50,200) 2.6% -1.8% -2.5% -0.4% -0.2% 0.3% -4.7% 7.1%
-- -- -- -- -- -- -- -- --
Last_Price 4719.19 43.52 197.50 264.78 70.98 52.95 131.91 174.46
50-DMA 4428.62 40.06 175.80 236.10 62.40 43.65 120.06 154.34
200-DMA 4317.28 40.80 180.40 237.00 62.54 43.50 126.01 144.17
-- -- -- -- -- -- -- -- --
# Signals /Yr 7 7 9 9 7 6 15 3
# BuyD /Yr 220 111 114 139 67 19 125 236
# NeutralD /Yr 8 28 39 54 49 86 33 7
# SellD /Yr 24 113 99 59 136 147 94 9
% BuyD /Yr 87% 44% 45% 55% 27% 8% 50% 94%
-- -- -- -- -- -- -- -- --
52wL(Daily) 3783.22 37.43 162.21 211.21 56.84 36.08 112.41 98.65
52wH(Daily) 4719.55 44.80 198.71 267.12 74.47 64.79 137.23 174.46
% Off_52wH NH -3% NH -1% -5% -18% -4% NH
LastD_52wH 14-Dec-23 02-Feb-23 14-Dec-23 31-Jul-23 02-Feb-23 07-Feb-23 27-Jan-23 15-Dec-23
SinceD_52wH 1 316 1 137 316 311 322 0
--- --- --- --- --- --- --- --- ---
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 Bullish Support -0.5% Support 10.4% - major U.S. market index
Russell 1000EW EQAL Bullish Support -4.4% Support 0.2% - gauge the health of many Large-Mid companies within the U.S.
Russell 2000 IWM Bullish Support -6.2% Support 0.7% - gauge the health of many Small-Micro companies within the U.S.
Transportation IYT Bullish Support -5.2% Support 7.7% - measure Industry & Manufacture strength - supply and demand
Retail XRT Caution Support -1.9% Support -1.4% - measure strength economy and consumer confidence
Regional Banks KRE Caution Support -2.5% Support -36.4% - measure the health of financial system in the U.S.
BioTech IBB Caution Support -6.7% Resistance 0.0% - highly speculated: assesses where money is flowing
SemiConductor SMH Bullish Support 2.4% Support 31.7% - innovation: a major player technology trends
--- --- --- --- --- --- --- ---
% BEARish as of 15-Dec-23 0% 0% 88% 13% 38% ---
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 12-Nov-2023
- "BEARish" phase when the closing price is below the 50-Day AND 200-Day moving averages for at least 5 days, while either slope(MA) is Negative.(3o4)
- "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)
GD_