The MAC(50) price above average has improved some but only halfway sure how to proceed.

Index Name:              SP500       R1000EW       R2000    Transportation    Retail    Regional Bank    BioTech   SemiConductor
Symbol: (daily)          .SPX         EQAL          IWM           IYT           XRT          KRE           IBB          SMH
As of (LastD)          10-May-24    10-May-24    10-May-24    10-May-24     10-May-24     10-May-24    10-May-24     10-May-24
Signal_Status*          Bullish      Bullish      Bullish       Bullish       Bullish      Bullish       BEARish      Bullish
SignalD_Change         09-Nov-23    20-Nov-23    20-Nov-23    20-Nov-23     24-Nov-23     07-May-24    19-Apr-24     09-Nov-23
SinceD_Change             183          172          172           172           168           3            21           183
Confirmed                 Yes          Yes          Yes           No            No            No           No           Yes
--                         --           --           --           --            --            --           --            --
Status_MAC(50)          Support      Support      Support     Resistance    Resistance     Support     Resistance     Support
ROC(50-DMA)              5.5%         3.1%         2.9%          3.0%          5.1%         -4.0%        -2.6%         17.1%
Status_MAC(200)         Support      Support      Support       Support       Support      Support       Support      Support
ROC(200-DMA)             15.9%        2.6%         4.2%         11.6%          6.1%         -11.1%       -1.7%         44.2%
DMAC(50,200)             8.9%         5.5%         6.4%          6.8%          9.8%         3.8%          3.3%         23.7%
--                         --           --           --           --            --            --           --            --
LastD_Price             5222.68       45.45        204.31       66.59         74.38         50.35        133.40        223.30
50-DMA                  5141.79       44.81        202.44       68.12         74.55         48.44        133.05        219.92
200-DMA                 4719.61       42.49        190.19       63.80         67.89         46.66        128.78        177.83
--                         --           --           --           --            --            --           --            --
# Signals /Yr              2            3            3            3             3             3            9             2
# BuyD /Yr                233          200          213           216           197           82           149          228
# NeutralD /Yr             0            0            0            0             0             0            0             0
# SellD /Yr                19           52           39           36            55           170           103           24
% BuyD /Yr                92%          79%          85%           86%           78%          33%           59%          90%
--                         --           --           --           --            --            --           --            --
52wL(Daily)             4109.90       37.43        162.21       52.80         56.84         36.14        112.41        122.90
52wH(Daily)             5254.35       46.19        210.30       70.61         78.99         53.82        140.89        234.17
% Off_52wH                 1%           2%           3%           6%            6%            7%           6%            5%
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                43           43           43           50            43           148           73            64
      ---                 ---          ---          ---           ---           ---          ---           ---          ---

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         Yes     - major U.S. market index
Russell 1000EW          EQAL      Bullish         Yes     - gauge the health of many Large-cap & Mid-cap companies within the U.S.
Russell 2000            IWM       Bullish         Yes     - 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       Bullish         No      - 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)           ---      10-May-24    10-May-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 ROC(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)


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