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Index Name:              SP500        R1000EW       R2000     Transportation    Retail    Regional Bank    BioTech   SemiConductor
Symbol: (daily)          .SPX          EQAL           IWM           IYT           XRT          KRE           IBB          SMH
As of (LastD)          08-Dec-23    08-Dec-23     08-Dec-23     08-Dec-23     08-Dec-23     08-Dec-23    08-Dec-23     08-Dec-23
Signal_Status:*         Bullish       Bullish       Bullish       Bullish       Caution      Caution       Bullish      Bullish
LastD_Change           08-Nov-23    20-Nov-23     20-Nov-23     20-Nov-23     20-Nov-23     08-Nov-23    05-Dec-23     12-Jan-23
SinceD_Change              30           18            18            18            18            30           3            330
ChgD(30,90,LT)             IT           ST            ST            ST            ST            IT           ST            LT
--                         --           --            --            --            --            --           --            --
Status_MAC(50)          Support       Support       Support       Support       Support      Support       Support      Support
Slope(50-DMA)            -2.0%        -6.2%         -8.5%         -7.9%         -4.8%         -6.7%        -7.5%         0.0%
Status_MAC(200)         Support       Support       Support       Support       Support      Support     Resistance     Support
Slope(200-DMA)           10.2%         0.3%          0.8%          7.6%         -1.3%         -36.0%        0.6%         31.2%
DMAC(50,200)             2.0%         -2.7%         -3.6%         -1.3%         -1.7%         -2.6%        -5.4%         6.2%
--                         --           --            --            --            --            --           --            --
Last_Price              4604.37       41.94         186.80        253.86        67.08         48.99        123.88        162.48
50-DMA                  4386.94       39.66         173.82        233.17        61.41         42.61        119.20        151.78
200-DMA                 4299.49       40.77         180.29        236.30        62.45         43.75        125.95        142.90
--                         --           --            --            --            --            --           --            --
# Signals /Yr              7            7             9             9             7             7            14            3
# BuyD /Yr                215           106           109           134           67            19           119          231
# NeutralD /Yr             13           33            44            59            49            82           39            12
# SellD /Yr                24           113           99            59            136          151           94            9
BuyD(63,189,LT)        Long-Term    Inter-Term    Inter-Term    Inter-Term    Inter-Term    Short-Term   Inter-Term    Long-Term
--                         --           --            --            --            --            --           --            --
52wL(Daily)             3783.22       37.43         162.21        211.21        56.84         36.08        112.41        98.65
52wH(Daily)             4604.37       44.80         198.71        267.12        74.47         64.79        137.23        164.90
%Off_52wH                  NH           -6%           -6%           -5%          -10%         -24%          -10%          -1%
LastD_52wH             08-Dec-23    02-Feb-23     31-Jul-23     31-Jul-23     02-Feb-23     07-Feb-23    27-Jan-23     20-Nov-23
SinceD_52wH                0            309           130           130           309          304           315           18
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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         Bullish     Support     -2.0%       Support     10.2%     - major U.S. market index
Russell 1000EW         EQAL         Bullish     Support     -6.2%       Support      0.3%     - gauge the health of many Large-Mid companies within the U.S.
Russell 2000           IWM          Bullish     Support     -8.5%       Support      0.8%     - gauge the health of many Small-Micro companies within the U.S.
Transportation         IYT          Bullish     Support     -7.9%       Support      7.6%     - measure Industry & Manufacture strength - supply and demand
Retail                 XRT          Caution     Support     -4.8%       Support     -1.3%     - measure strength economy and consumer confidence
Regional Banks         KRE          Caution     Support     -6.7%       Support     -36.0%    - measure the health of financial system in the U.S.
BioTech                IBB          Bullish     Support     -7.5%     Resistance     0.6%     - highly speculated: assesses where money is flowing
SemiConductor          SMH          Bullish     Support      0.0%       Support     31.2%     - innovation: a major player technology trends
      ---                 ---         ---         ---         ---         ---         ---                                             ---
% BEARish as of        08-Dec-23       0%          0%        100%         13%         25%                                             ---

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).
Market Phases Rev 12-Nov-2023
- "BEARish" phase when the closing price is below the 50-Day AND 200-Day moving averages for at least 5 days, while either slope(MA) is Negative.(3o4)
- "Bullish" phase when the closing price is above the 50-Day OR 200-Day moving averages for at least 5 days, while either slope(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)

GD_

A review of moving average crossover indicators

Price Crosses Moving Average
Indicator

Implication

When a security's price crosses its moving average (the event), a bullish or bearish signal is generated depending on the direction of the crossover.

Description

A moving average is an indicator that shows the average value of a security's price over a period of time. This type of Technical EventŪ occurs when the price crosses a moving average. Three moving averages are supported: 21, 50 and 200 price bars. A price cross of a longer moving average indicates a longer term signal, in that the security may take a longer period of time to move in the anticipated direction.

A bullish signal is generated when the security's price rises above its moving average and a bearish signal is generated when the security's price falls below its moving average.

After a crossover is identified, it is considered "not yet confirmed". Then additional confirmation is sought by watching the slope of the moving average. A bullish event is "confirmed" if the moving average turns upward within 'X' price bars, where 'X' is the period of the moving average. For a bearish event, the moving average must turn downward as confirmation. In some cases, the moving average does not slope in the desired direction soon enough after the crossover, in which case the event is considered "never confirmed".

These events are based on simple moving averages. A simple moving average is one where equal weight is given to each price over the calculation period. For example, a 21-day simple moving average is calculated by taking the sum of the last 21 days of a stock's close price and then dividing by 21. Other types of moving averages, which are not supported here, are weighted averages and exponentially smoothed averages.


Trading Considerations

Moving averages are lagging indicators because they use historical information. Using them as indicators will not get you in at the bottom and out at the top but will get you in and out somewhere in between.

They work best in trending price patterns, where an uptrend or downtrend is firmly in place.

In trending markets, moving averages can provide a very simple and effective method of identifying trends.

Moving averages also act as support areas. You will often see a stock in an uptrend rise well above its 21 day moving average, return to it and then rise again.

Moving averages also act as resistance areas. When a stock trades under a moving average, that average will serve as a resistance price and it will be difficult for the stock to move above it. This is often very true when a stock has fallen below its 200 day moving average.


Criteria that Support

Indicators that are well suited to working with moving averages include the MACD and Momentum.


Criteria that Refute

Moving averages do well in trending markets but they generate many false signals in choppy, sideways markets.

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Mechanical Investing FAQ

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