All eight daily prices continue to stay below their 50 day Moving average again this week.

Index Name:              SP500         R1000EW       R2000     Transportation    Retail    Regional Bank    BioTech   SemiConductor
Symbol: (daily)           .SPX          EQAL           IWM           IYT           XRT          KRE           IBB          SMH
As of (LastD)          19-Apr-24     19-Apr-24     19-Apr-24     19-Apr-24     19-Apr-24     19-Apr-24    19-Apr-24     19-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     20-Dec-23     28-Mar-24    19-Apr-24     09-Nov-23
SinceD_Change              162           151           151           151           121           22           0            162
Confirmed(50)              No            No            No            No            No           Yes           No            No
--                         --            --            --            --            --            --           --            --
Status_MAC(50)         Resistance    Resistance    Resistance    Resistance    Resistance    Resistance   Resistance     Support
ROC(50-DMA)               8.2%          3.6%          4.6%          7.0%          8.1%         -5.5%         1.8%         25.8%
Status_MAC(200)          Support       Support       Support       Support       Support      Support     Resistance     Support
ROC(200-DMA)             15.5%          2.0%          3.5%         11.4%          4.2%         -16.0%       -2.3%         43.4%
DMAC(50,200)              9.5%          5.3%          6.8%          8.5%         11.1%         3.9%          4.9%         25.0%
--                         --            --            --            --            --            --           --            --
LastD_Price              4967.23       43.58         193.14        65.86         71.17         47.32        124.72        199.21
50-DMA                   5118.31       44.60         202.48        69.10         74.81         48.12        135.01        216.70
200-DMA                  4674.08       42.35         189.60        63.68         67.35         46.33        128.67        173.29
--                         --            --            --            --            --            --           --            --
# Signals /Yr              2             6             6             6             5             3            13            2
# BuyD /Yr                 233           154           159           176           109           67           132          228
# NeutralD /Yr             0             30            26            30            31            11           32            0
# SellD /Yr                19            68            67            46            112          174           88            24
% BuyD /Yr                 92%           61%           63%           70%           43%          27%           52%          90%
--                         --            --            --            --            --            --           --            --
52wL(Daily)              4055.99       37.43         162.21        52.80         56.84         36.08        112.41        119.59
52wH(Daily)              5254.35       46.19         210.30        70.61         78.99         53.82        140.89        234.17
% Off_52wH                 6%            6%            9%            7%            11%          14%           13%          18%
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                22            22            22            29            22           127           52            43
      ---                  ---           ---           ---           ---           ---          ---           ---          ---

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         No      - innovation: a major player technology trends
As of (LastD)           ---      19-Apr-24    19-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(3) are not strictly identical to the (@MarketGauge.com) "Phases Tutorial"(6).
Market Phases Rev 19-Apr-2024
- "BEARish" phase when the closing price is below the 50-Day OR 200-Day moving averages for at least 5 days, while ROC(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 ROC(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) both agree with "Signal Status" phase.
ROC(50-SMA) = 50*SLOPE(F$458:F$507,$A$458:$A$507)/INTERCEPT(F$458:F$507,$A$458:$A$507-$A$458)
ROC(200-SMA) = 200*SLOPE(F$308:F$507,$A$308:$A$507)/INTERCEPT(F$308:F$507,$A$308:$A$507-$A$308)

GD_

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