Modern Family:  Symbol:    Status:*   MAC(50)     Slope(MA)  MAC(200)    Slope(MA)  Roles (leading indicators that act as a guide for the stock market macro picture)
S&P 500 Index   .SPX       Caution    Resistance      -0.1%  Support          6.6%  - major U.S. market index
Russell 1000EW  EQAL       BEARish    Resistance      -1.5%  Resistance      -0.3%  - gauge the health of many Large-Mid companies within the U.S.
Russell 2000    IWM        Caution    Resistance      -2.6%  Resistance       0.7%  - gauge the health of many Small-Micro companies within the U.S.
Transportation  IYT        Caution    Resistance      -1.8%  Resistance       4.9%  - measure Industry & Manufacture strength - supply and demand
Retail          XRT        BEARish    Resistance      -2.5%  Resistance      -1.7%  - measure strength economy and consumer confidence
Regional Banks  KRE        Caution    Resistance       0.7%  Resistance     -30.4%  - measure the health of financial system in the U.S.
BioTech         IBB        Caution    Resistance      -1.9%  Resistance       5.0%  - highly speculated: assesses where money is flowing
SemiConductor   SMH        Caution    Resistance      -2.0%  Support         23.8%  - innovation: a major player technology trends
As of           ---        13-Oct-23  ---         ---        ---         ---        ---

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 9/19/2023
Market Phases
- "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_

Mechanical Investing FAQ

---

Contact Shrewd'm
Contact the developer of these message boards.