Modern Family:  Symbol:    Status:*   MAC(50)     Slope()  MAC(200)    Slope()  Roles (leading indicators that act as a guide for the stock market macro picture)
S&P 500 Index   .SPX       Caution    Support     -1%      Support     17%      - major U.S. market index
Russell 1000EW  EQAL       Caution    Resistance  -4%      Support     1%       - gauge the health of many Large-Mid companies within the U.S.
Russell 2000    IWM        Caution    Resistance  -6%      Support     4%       - gauge the health of many Small-Micro companies within the U.S.
Transportation  IYT        Caution    Resistance  -8%      Support     14%      - measure Industry & Manufacture strength - supply and demand
Retail          XRT        Caution    Resistance  -8%      Resistance  -2%      - measure strength economy and consumer confidence
Regional Banks  KRE        BEARish    Resistance  -4%      Resistance  -42%     - measure the health of financial system in the U.S.
BioTech         IBB        BEARish    Resistance  -1%      Resistance  -5%      - highly speculated: assesses where money is flowing
SemiConductor   SMH        Caution    Resistance  -4%      Support     42%      - innovation: a major player technology trends
As of                      15-Sep-23                                            
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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). Rev 9/18/2023

- "BEARish" phase is when the closing price is below the 50-Day and 200-Day moving averages for at least 5 days, while both MA slopes 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 both MA slopes are Positive.
- "Cautionary Warning" phase is when the moving average crossovers(MAC) and MA slopes 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_

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