Subject: Trends and Ranks 27-Sep-24
Modern Family Symbol Status ChgD Confirmed Roles: (leading indicators that act as a guide for the stock market macro picture)
S&P 500 ETF Trust SPY Bullish 323 Yes - major player U.S. index fund of 500 market cap-weighted companies
Russell 1000EW ETF EQAL Bullish 312 Yes - gauge the health of 1000 equal-weighted companies within the U.S.
Russell 1000 ETF IWB Bullish 316 Yes - gauge the health of 1000 Giant(45%), Large(32%) & Medium(20%) companies within the U.S.
Russell 2000 ETF IWM Bullish 77 Yes - gauge the health of 2000 Small(55%) & Micro(43%) companies within the U.S.
Transportation ETF IYT Bullish 37 Yes - measure Industry & Manufacture strength - supply and demand
Retail ETF XRT Bullish 8 Not Yet - measure strength of economy and consumer confidence
Regional Banks ETF KRE Bullish 143 Yes - measure the health of financial system in the U.S.
BioTech ETF IBB Bullish 135 Not Yet - highly speculated: assesses where money is flowing
SemiConductor ETF SMH Bullish 0 Not Yet - innovation: a major player technology trends
As of (LastD) 27-Sep-24 More Details: Posted end of month by mapg on the Mechanical Investing board (shrewdm.com)
Market Trends POs(24w) PPO Status MAC(10m) MAC Status DBE(5m) %Off Mode CountIF Risk
Intermediate-Term Status (30,120) ChgD Status (TPw,210) ChgD Status Hi(99) NH(105) Bullish Gauges
SP600 (IJR) Daily Bullish 3.1% 288 | Bullish 7.9% 294 | Bullish 2.5% 40 | 3 | Risk_On
SP400 (MDY) Daily Bullish 2.5% 291 | Bullish 7.3% 302 | Bullish NEW 0 | 3 | Risk_On
SP500EW (RSP) Daily Bullish 3.4% 291 | Bullish 8.8% 303 | Bullish NEW 0 | 3 | Risk_On
SP1500 (ITOT) Daily Bullish 3.6% 316 | Bullish 10.2% 324 | Bullish NEW 0 | 3 | Risk_On
SP500 (.SPX) Daily Bullish 3.6% 318 | Bullish 10.5% 325 | Bullish NEW 1 | 3 | Risk_On
As of (LastD) 27-Sep-24 --- --- 27-Sep-24 --- --- 27-Sep-24 --- --- --- 27-Sep-24
CountIF(Bullish) = 5 5 5 15 Risk_On
My Rankings Friday, September 27, 2024 1 2 3 4 5 6 7 8 9 10 Buy HTD Sell
1-MAA: Long-Term (BRKB) 1-RRS: ROC(12,6,3,1) BRKB FXAIX FSMAX FFNOX FSPSX FUAMX FXNAX FBIIX - - -- BRKB --
2-MAA: Multi-Asset ETF's 2-RRS: ROC(12,6,3,1) AOA AOR AOM AOK IYLD RLY - - - - 2 2 2
3-QAA: Market ETF's 3-RRS: ROC(12,6,3,1) USRT PRF PRFZ TLT IEFA CMDY PSQ SDS - - 3 1 4
4-QAA: Enhanced ETF's 4-RRS: ROC(12,6,3,1) USMV QUAL LRGF MTUM EFAV SIZE VLUE COMT - - 3 1 4
6-QEW: Equal-Wt'd ETF's 6-RRS: ROC(12,6,3,1) EQWL RSP EUSA EQAL EDOW QQQE - - - - 2 2 2
5-ROE_GMI (1 thru 10 of 25) 5-RRS: ROC(12,6,3,1) THC NVDA FIX EME DVA PPC UTHR RMD META IBM 15 5 5
5-ROE_GMI (11 thru 20) 5-RRS: ROC(12,6,3,1) PODD LMT DECK GWW RPM ZTS QCOM AMAT A EXPD -- -- --
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