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All MAC(50) are still Bearish while most trends are attempting to recover.

Index Name:              SP500         R1000EW       R2000     Transportation    Retail    Regional Bank    BioTech   SemiConductor
Symbol: (daily)           .SPX          EQAL           IWM           IYT           XRT          KRE           IBB          SMH
As of (LastD)          03-May-24     03-May-24     03-May-24     03-May-24     03-May-24     03-May-24    03-May-24     03-May-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     24-Nov-23     28-Mar-24    19-Apr-24     09-Nov-23
SinceD_Change              176           165           165           165           161           36           14           176
Confirmed(50)              No            No            No            No            No            No           Yes           No
--                         --            --            --            --            --            --           --            --
Status_MAC(50)         Resistance    Resistance    Resistance    Resistance    Resistance    Resistance   Resistance    Resistance
ROC(50-DMA)               6.5%          3.2%          3.4%          4.6%          6.3%         -5.1%        -1.5%         20.5%
Status_MAC(200)          Support       Support       Support       Support       Support      Support     Resistance     Support
ROC(200-DMA)             15.8%          2.3%          4.0%         11.5%          5.4%         -12.8%       -2.0%         43.9%
DMAC(50,200)              9.1%          5.3%          6.4%          7.4%         10.3%         3.5%          3.8%         24.2%
--                         --            --            --            --            --            --           --            --
LastD_Price              5127.79       44.62         201.90        65.84         73.42         49.65        132.96        217.73
50-DMA                   5129.98       44.71         202.19        68.49         74.70         48.20        133.63        218.72
200-DMA                  4703.45       42.44         189.96        63.78         67.69         46.59        128.70        176.14
--                         --            --            --            --            --            --           --            --
# Signals /Yr              2             3             3             3             3             2            9             2
# BuyD /Yr                 233           195           208           211           178           78           154          228
# NeutralD /Yr             0             0             0             0             0             0            0             0
# SellD /Yr                19            57            44            41            74           174           98            24
% BuyD /Yr                 92%           77%           83%           84%           71%          31%           61%          90%
--                         --            --            --            --            --            --           --            --
52wL(Daily)              4061.22       37.43         162.21        52.80         56.84         36.08        112.41        121.81
52wH(Daily)              5254.35       46.19         210.30        70.61         78.99         53.82        140.89        234.17
% Off_52wH                 2%            4%            4%            7%            8%            8%           6%            8%
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                36            36            36            43            36           141           66            57
      ---                  ---           ---           ---           ---           ---          ---           ---          ---

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         No      - measure the health of financial system in the U.S.
BioTech                 IBB       BEARish         Yes     - highly speculated: assesses where money is flowing
SemiConductor           SMH       Bullish         No      - innovation: a major player technology trends
As of (LastD)           ---      03-May-24    03-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 Slope(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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