Subject: Modern Family 23-Feb-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) 23-Feb-24 23-Feb-24 23-Feb-24 23-Feb-24 23-Feb-24 23-Feb-24 23-Feb-24 23-Feb-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 106 95 95 95 65 65 45 106
Confirmed Yes Yes Yes Yes Yes No Yes Yes
-- -- -- -- -- -- -- -- --
Status_MAC(50) Support Support Support Support Support Resistance Support Support
Slope(50-DMA) 10.1% 9.6% 12.7% 12.8% 14.2% 17.6% 13.7% 19.0%
Status_MAC(200) Support Support Support Support Support Support Support Support
Slope(200-DMA) 12.8% 0.6% 1.4% 9.3% 0.0% -30.3% -2.9% 34.3%
DMAC(50,200) 7.7% 4.8% 6.2% 7.4% 9.8% 12.5% 5.9% 16.5%
-- -- -- -- -- -- -- -- --
LastD_Price 5088.80 44.12 199.89 281.22 74.63 47.87 138.19 208.62
50-DMA 4848.55 43.52 196.70 264.51 70.94 50.49 135.06 184.05
200-DMA 4503.63 41.51 185.17 246.31 64.60 44.87 127.51 158.04
-- -- -- -- -- -- -- -- --
# Signals /Yr 4 5 7 8 6 3 15 2
# BuyD /Yr 226 129 134 157 85 44 113 228
# NeutralD /Yr 0 20 22 30 31 17 32 0
# SellD /Yr 26 103 96 65 136 191 107 24
% BuyD /Yr 90% 51% 53% 62% 34% 17% 45% 90%
-- -- -- -- -- -- -- -- --
52wL(Daily) 3855.76 37.43 162.21 211.21 56.84 36.08 112.41 117.12
52wH(Daily) 5088.80 44.39 204.82 281.22 74.63 61.68 139.39 209.93
% Off_52wH NH 1% 2% NH NH 29% 1% NH
LastD_52wH 23-Feb-24 28-Dec-23 27-Dec-23 23-Feb-24 23-Feb-24 24-Feb-23 08-Jan-24 22-Feb-24
SinceD_52wH 0 57 58 0 0 364 46 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 No - 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) --- 23-Feb-24 23-Feb-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_