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

Adding Advance Decline Line data for AEX25, ATX, CAC40, HangSeng, IBEX35, SMI and StoxxEurope600

Adding Advanced vs. Declined and Advance Decline Line Data for new Stock Indices

Today I released a new version of my tool set which collects and calculates breadth data for stock indices. The following stock indices were added today:

  • SMI (Swiss)
  • AEX 25 Amsterdam Index (Netherlands)
  • CAC 40 (France)
  • IBEX 35 (Spain)
  • Hang Seng (Hong Kong)
  • Stoxx Europe 600 (Europe)
 
This means we will soon have Advanced vs. Declined, Advance Decline Line, McClellan Oscillator and McClellan Summation Index data ready for SMI, AEX 35, CAC 40, IBEX 35, the Hang Seng and the Stoxx Europe 600.
 
Since data collection for those indices started Friday night, it might take a while until useful data can be generated for the stock indices mentioned above.

However, we already have a couple of stock indices in our database, which means useful data is already available for those:
  • DAX (Advance Decline Line, McClellan)
  • TECDAX (Advance Decline Line, McClellan)
  • SDAX (Advance Decline Line, McClellan)
  • MDAX (Advance Decline Line, McClellan)
  • DOW JONES (Advance Decline Line, McClellan)
  • S&P 500 (Advance Decline Line, McClellan)
  • NASDAQ 100 (Advance Decline Line, McClellan)
  • Nikkei 225 (Advance Decline Line, McClellan)
  • Euro Stoxx 50 (Advance Decline Line, McClellan)

 

I am looking forward to share more data with you.

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