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

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

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.

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