No. of Recommendations: 7
Index Name: SP500 R1000EW R2000 Transportation Retail Regional Bank BioTech SemiConductor
Symbol: (daily) .SPX EQAL IWM IYT XRT KRE IBB SMH
As of (LastD) 26-Apr-24 26-Apr-24 26-Apr-24 26-Apr-24 26-Apr-24 26-Apr-24 26-Apr-24 26-Apr-24
Signal_Status* Bullish Bullish Bullish Bullish Bullish BEARish BEARish Bullish
SignalD_Change 09-Nov-23 20-Nov-23 20-Nov-23 20-Nov-23 24-Nov-23 28-Mar-24 19-Apr-24 09-Nov-23
SinceD_Change 169 158 158 158 154 29 7 169
Confirmed(50) No No No No No Yes No Yes
-- -- -- -- -- -- -- -- --
Status_MAC(50) Resistance Resistance Resistance Resistance Resistance Resistance Resistance Resistance
ROC(50-DMA) 7.4% 3.4% 4.0% 6.0% 7.3% -5.6% 0.0% 23.4%
Status_MAC(200) Support Support Support Support Support Support Resistance Support
ROC(200-DMA) 15.6% 2.2% 3.7% 11.4% 4.8% -14.4% -2.2% 43.6%
DMAC(50,200) 9.3% 5.3% 6.6% 8.1% 10.7% 3.7% 4.3% 24.5%
-- -- -- -- -- -- -- -- --
LastD_Price 5099.96 44.30 198.36 65.82 73.22 48.19 126.49 217.64
50-DMA 5124.33 44.67 202.36 68.92 74.79 48.21 134.25 217.49
200-DMA 4689.93 42.41 189.84 63.76 67.53 46.50 128.69 174.76
-- -- -- -- -- -- -- -- --
# Signals /Yr 2 3 3 4 3 2 9 2
# BuyD /Yr 233 190 203 206 145 78 159 228
# NeutralD /Yr 0 0 0 0 0 0 0 0
# SellD /Yr 19 62 49 46 107 174 93 24
% BuyD /Yr 92% 75% 81% 82% 58% 31% 63% 90%
-- -- -- -- -- -- -- -- --
52wL(Daily) 4055.99 37.43 162.21 52.80 56.84 36.08 112.41 120.43
52wH(Daily) 5254.35 46.19 210.30 70.61 78.99 53.82 140.89 234.17
% Off_52wH 3% 4% 6% 7% 8% 12% 11% 8%
LastD_52wH 28-Mar-24 28-Mar-24 28-Mar-24 21-Mar-24 28-Mar-24 14-Dec-23 27-Feb-24 07-Mar-24
SinceD_52wH 29 29 29 36 29 134 59 50
--- --- --- --- --- --- --- --- ---
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 No - major U.S. market index
Russell 1000EW EQAL Bullish No - gauge the health of many Large-cap & Mid-cap companies within the U.S.
Russell 2000 IWM Bullish No - gauge the health of many Small-cap & some Micro-cap companies within the U.S.
Transportation IYT Bullish No - measure Industry & Manufacture strength - supply and demand
Retail XRT Bullish No - measure strength economy and consumer confidence
Regional Banks KRE BEARish Yes - measure the health of financial system in the U.S.
BioTech IBB BEARish No - highly speculated: assesses where money is flowing
SemiConductor SMH Bullish Yes - innovation: a major player technology trends
As of (LastD) --- 26-Apr-24 26-Apr-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(2) are not strictly identical to the (@MarketGauge.com) "Phases Tutorial"(6).
Market Phases Rev 20-Apr-2024
- "BEARish" phase when Status_MAC(50) is "RESISTANCE" while ROC(50-DMA) is Negative OR Status_MAC(200) is "RESISTANCE" while ROC(200-DMA) is Negative.
- "Bullish" phase when NOT "BEARish"
- "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" when MAC(50) AND Slope(50-DMA) both agree with "Signal Status" phase.
ROC(50-DMA) = 50*SLOPE(F$458:F$507,$A$458:$A$507)/TREND(F$458:F$507,$A$458:$A$507,$A$458) Where F is 50-DMA and A is Day# (ascending)
ROC(200-DMA) = 200*SLOPE(F$308:F$507,$A$308:$A$507)/TREND(F$308:F$507,$A$308:$A$507,$A$308) Where F is 200-DMA and A is Day# (ascending)
GD_
