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Showing posts from July, 2021

State of Dow Jones - Calendar Week 41 2021

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State of Dow Jones - Calendar Week 41 2021 Welcome to the second episode of the blog post series "State of Dow Jones", where we look at the leading US stock index from different perspectives and try to determine how solid the current development is. Technical Chart for Dow Jones Every "State of Dow Jones" blog post should start with the technical chart, so here we go (created on tradingview.com): The Dow Jones overcame the old falling highs and the important resistance at 25 000, now trading at 35 294 points. The index is trading above its SMA 20 again and even went into the upper Envelope band. This means the Dow is slightly overheated and it is likely that the index will show a small pull-back before rising again. The RSI is at 60, three trendlines were identified and crossed during the last trading days. The technical chart provides us with enough confidence to say that the correction might be over and the outlook is neutral, or maybe even slightly bullish. Marke

Crypto Index breadth data: BCI 10 Advance Decline and more

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 Here is a snapshot of the market breadth data for BitPandas crypto index BCI 10. Summary, Advance Decline Line and Advanced vs. Declined for BitPanda crypto index BCI 10 McClellan Oscillator and Summation Index for Bitpandas crypto index BCI 10 Index members trading above their SMA50, SMA100 and SMA200 for Bitpandas crypto index BCI 10

Dax: Percentage of Dax members above SMA 200 again below 80 percent

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  Just a simple observation without any interpretation from my side: Yesterday, the percentage of Dax members trading above their SMA 200 again went below the threshold of 80%:   The McClellan Summation index looks like this: Data is delayed by one trading day.  

Working on a website for providing market breadth data

I have started to make plans regarding a simple website which presents market breadth data for "old school" stock indices and some crypto indices. Current situation Currently, a set of tools, a time-series database and a visualization tool run frequently to generate the results I've been presenting through screenshots on this blog. Those mechanics run on a little private server for my own analytics purposes. There is no way I can grant third parties access to my private server, so I have to screenshot the graphs and upload them in this blog. I realize that this is not a very good way of sharing information with you.  This is why I've been thinking about other ways to publish the results of my calculations for market breadth data. Setting the scope I'm doing a lot of thinking about what I actually want to present to my small audience: Do I want to present raw data only, being visualized by simple graphs? Do I want to present insights, e.g. by marking divergences or

Advance Decline Line and McClellan Indicators for Hang Seng and Nikkei 225

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Here is some recent data on the Hang Seng and the Nikkei 225 indices. I'll show you the Advance Decline Line and the Advanced vs. Declined data. The McClellan indicators will be available after the next 7 trading days for Nikkei 225. Huray! Nikkei 225 Advance Decline Line and Advanced vs. Declined Hang Seng Avance Decline Line and Advanced vs. Declined The price decline on the Chinese market is also reflected heavily in the Hang Seng course. The graphs above leave no room for interpretation.

Crypto: BitPanda BCI 10 crypto index market breadth data

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 This is today's market breadth data for the crypto index BCI10 (BitPanda Crypto Index). I'll include the Advance Decline Line and the Advanced vs. Declined data for crypto first:   Here is also the McClellan Oscillator and the McClellan Summation Index:     As usual, please note that the BCI10 crypto index only represents a small number of crypto currencies (10 pcs). It is not a mirror of the whole crypto market. However, it reflects a large portion of the market capitalization the crypto market has.  

Dax breadth: Members above SMA50, SMA100 and SMA200

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Here is the delayed data for Dax market breadth data, percentage of members above their SMA50, SMA100 and SMA200: Since the Dax declined two days in a row, this market breadth data should be more interesting then I receive the updated data tomorrow. But at the moment this market breadth data shows no warning signs. For the sake of completeness, here is also the Advance Decline Line and the Advanced vs. Declined data for the Dax:

Crypto currencies: BCI 10 market breadth data quick summary

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Today's trading day has an impact on the market breadth data - no doubt about that. Here is the... Market Breadth Data for the Crypto Index BCI10 from BitPanda This blog post is a quick summary about today's values for the Advance Decline Line, the % of members trading above their SMA50/100/200 and the McClellan indicators. Advance Decline Line McClellan Oscillator and McClellan Summation Index Percentage of members trading above their SMA50/100/200   I attached two screenshots for the percentage of crypto index members trading above their SMA lines. The first screenshot shows the bigger time frame, while the second shows the last 90 days.

Crypto Advance Decline Line for Crypto Index BCI5 and other Market Breadth Data

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Wow! Some crypto currencies had a very good day. Rumor has it Amazon and Twitter could plan to accept crypto currencies as a payment method. Surely, those rumors need to be taken carefully, though. However, market breadth data is influenced by today's spike in the prices. So - ket's have a look for them. Here is the market breadth data for the crypto index BCI5 from Bitpanda. State of the BCI 5 crypto index Summary Advance Decline Line and Advanced vs. Declined for this crypto index McClellan Oscillator and McClellan Summation Index for this crypto index % of crypto index members above their SMA50, SMA100 and SMA200 Bigger picture: Market breadth data for the last 6 months (selection)   To gain a better impression of what was happening during the last days, I attached a data screenshot of a bigger time frame (6 months). As you can see, the McClellan Summation Index is near the 0 line. This is a good sign for the longer time frame. The McClellan Oscillator, however, went from on

State of Dax - Calendar Week 29

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State of Dax - Calendar Week 29 As usual, I'll walk you through the state of Dax, according to market breadth data. We're in calendar week 29 and have an interesting trading week behind us! Let's look at the latest information.       Advance Decline Line and Advanced vs. Declined for Dax McClellan Oscillator and McClellan Summation Index for Dax % of Dax members above SMA50, SMA100 and SMA200     Last week's "State of the Dax" blog post mentioned that for the SMA50 a  threshold was reached. More than 50% of the Dax members traded below their SMA50, which means they switched to a downside trend. We're still below that 50%.         I also stated that for the Dax members trading above their SMA 200, a critical threshold was reached (but not breached yet). I claimed that it would not be a good sign if this number decreased any further, but then the huge dip came on the next trading day. Let's see what this graph looks like today: The 80% threshold was brea

Crypto index BCI10 Market Breadth data added

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It turned out that adding the market breadth data for the BCI10 index was very easy after I added the market breadth data for Bitpandas crypto index BCI5. What are the members of the BCI10 (Bitpanda Crypto Index 10)? BitCoin Ethereum Binance Coin Dogecoin Polkadot Cardano Uniswap Bitcoin Cash Litecoin Chainlink You can view more information about Bitpandas Crypto Index here: https://www.bitpanda.com/en/bci-bitpanda-crypto-index   What market breadth data was added for the BCI10 crypto index? The following market breadth data was added for the BCI10 (crypto index): Advanced vs. Declined Data for crypto Advance Decline Line for crypto McClellan Oscillator for crypto McClellan Summation Index for crypto % of index members above SMA50 % of index members above SMA100 % of index members above SMA200    Crypto Market Breadth Data (Advance Decline Line for Bitcoin etc.) for BCI10 Here is today's market breadth data on the BCI10 (crypto index). Please note that it is not the market breadth

Crypto Advance Decline Line, McClellan Oscillator and more market breadth

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First version of Crypto Market Breadth Indicators and Visualizations added Today I completed the first version of Crypto Market Breadth visualizations. For several crypto currencies, such as Bitcoin or Ethereum, the Advance Decline Line, the McClellan Oscillator and more data was added. Let's start with the BCI5 (Bitpanda Crypto Index 5) crypto index and its market breadth data Version 1 "only" includes the Bitpanda Crypto Index 5 with the following index members: BitCoin Ethereum Binance Coin Dogecoin Polkadot You can view more information about Bitpandas Crypto Index here: https://www.bitpanda.com/en/bci-bitpanda-crypto-index   The following market breadth data was added for the BCI5 (crypto index): Advanced vs. Declined Data for crypto Advance Decline Line for crypto McClellan Oscillator for crypto McClellan Summation Index for crypto % of index members above SMA50 % of index members above SMA100 % of index members above SMA200 Crypto Market Breadth Data (Advance Decli

Advance Decline Line for all indices and more market breadth data

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Market Breadth Data for all major Indices This blog posts contains screenshots of market breadth data for all major indices (at least for those being part of my collection), including Nikkei 225, US indices, German indices and other European indices.   The market breadth data contains mainly the Advance Decline Line, but also the Advanced vs. Declined data. The McClellan Oscillator and McClellan Summation Index will be published aswell, but I need more trading days to collect data and generate the indicators.     AEX 25 Amsterdam Index Here is the Advance Decline Line and Advanced vs. Declined data (market breadth) for the stock index AEX25 / AEX 25 Amsterdam Index ATX Here is the Advance Decline Line and Advanced vs. Declined data (market breadth) for the stock index ATX CAC 40 Here is the Advance Decline Line and Advanced vs. Declined data (market breadth) for the stock index CAC40 DAX Here is the Advance Decline Line and Advanced vs. Declined data (market breadth) for the stock inde

Advance Decline Line for SMI, Nikkei225, Nasdaq 100 and many more

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Here is today's Advance Decline Line and Advanced vs. Declined data for several international stock indices. STOXX EUROPE 600 AEX 25 Amsterdam Index ATX Dow Jones Nasdaq 100   Nikkei 225   SMI