Subject: Modern Family as of 31-Aug-23

Modern Family:        Symbol:    Status:      Roles (leading indicators that act as a guide for the stock market macro picture)
S&P 500 Index         .SPx       Warning      - major U.S. market index
Russell 1000EW        EQAL       Warning      - gauge the health of many Large-Mid companies within the U.S.
Russell 2000          IWM        Warning      - gauge the health of many Small-Micro companies within the U.S.
Transportation        IYT        Warning      - measure Industry & Manufacture strength - supply and demand
Retail                XRT        Warning      - measure strength economy and consumer confidence
Regional Bank         KRE        BEARish      - measure the health of financial system in the U.S.
BioTech               IBB        BEARish      - highly speculated: assesses where money is flowing
SemiConductor         SMH        Warning      - innovation: a major player technology trends
                      As of      31-Aug-23

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).
- "BEARish" phase is when the price(5d) is below the 50-Day and 200-Day moving averages while the 50-DMA is below the 200-DMA.
- "Cautionary Warning" phase is when the price(5d) is below the 50-Day or 200-Day moving averages for at least 5 days.
- "Bullish" phase is when the price(5d) is above the 50-Day and 200-Day moving averages for at least 5 days.
- "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_