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
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Advance Decline Line for S&P 500 and Nikkei 225

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Advance Decline Line for S&P 500 and the Nikkei 225

Here is the Advance Decline Line and Advanced vs. Declined data for S&P 500 and the Nikkei 225 indices. As usual, I just made some screenshots of my data dashboard which displays my self-generated market breadth data on several stock indices.


Advance Decline Line and Advanced vs. Declined for S&P 500



 

Advance Decline Line and Advanced vs. Declined for Nikkei 225



 

Access to daily-updated market breadth data (my dashboard)

I generated much more market breadth data on several stock indices, however, I do this for my own investment due diligence. I might find a way to post (delayed) data here on this blog or another website automatically so you guys don't have to rely on me posting screenshots all the time.

I can't open up my data dashboard here for all of you because the number of requests would require more servers (and thus would cost more money). This is why my data dashboard is private for now.

Head over to my Patreon if you like to support my work and help me with the server costs.

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