No. of Recommendations: 7
Markets had a bloody day. Regional Banks are down 4% today and 40% below the 52wH. R2000 IWM NL.
Index Name: SP500 R1000EW R2000 Transportation Retail Regional Bank BioTech SemiConductor
Symbol: (daily) .SPX EQAL IWM IYT XRT KRE IBB SMH
20-Oct-2023 -- -- -- -- -- -- -- --
Signal_Status:* Caution BEARish Caution Caution BEARish BEARish Caution Caution
-- -- -- -- -- -- -- -- --
Last_Chg 21-Sep-23 09-Oct-23 21-Aug-23 22-Aug-23 09-Oct-23 17-Oct-23 27-Jun-23 13-Sep-23
Since_Chg 29 11 60 59 11 3 115 37
Chg/Yr 7 11 10 8 11 5 10 7
Buy Position/Yr 55% 26% 28% 31% 23% 0% 24% 54%
Sell Position/Yr 8% 27% 12% 8% 27% 41% 0% 0%
Status_MAC(50) Resistance Resistance Resistance Resistance Resistance Resistance Resistance Resistance
Status_MAC(200) Support Resistance Resistance Resistance Resistance Resistance Resistance Support
MA_Slope(50) -1.3% -3.3% -4.7% -4.6% -5.0% -2.5% -2.6% -3.2%
MA_Slope(200) 7.2% 0.0% 1.0% 5.5% -1.4% -31.2% 4.6% 25.2%
DMAC(50,200) 3.6% -1.4% -1.3% 1.6% -2.9% -8.6% -3.0% 8.4%
-- -- -- -- -- -- -- -- --
Last_Price 4224.16 38.43 166.44 225.42 59.24 39.10 117.17 142.10
50-DMA 4386.74 40.69 180.24 239.72 61.62 42.78 124.80 148.26
200-DMA 4233.14 41.28 182.65 235.93 63.45 46.84 128.67 136.78
-- -- -- -- -- -- -- -- --
52wL(Daily) 3665.78 37.64 166.44 199.55 56.84 36.08 117.17 89.36
52wH(Daily) 4588.96 44.80 198.71 267.12 74.47 65.49 138.43 160.62
%Off_52wH -8% -14% NL -16% -20% -40% NL -12%
LastD_52wH 31-Jul-23 02-Feb-23 31-Jul-23 31-Jul-23 02-Feb-23 10-Nov-22 02-Dec-22 31-Jul-23
SinceD_52wH 81 260 81 81 260 344 322 81
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 10/20/2023
- "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 one of two MA slopes is 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_
