Crypto Market Barometer released on

  Crypto Market Barometer released Today I published my simple but easy-to-read Crypto Market Barometer on our website Click here to get to the new Crypto Market Barometer. This is how the main chart looks like: What's behind the new Crypto Market Barometer We believe that one simple but effective method of gauging the health of a market is to look at how many of the most important individual assets trade above their important SMAs. Since SMAs are a proven way of determining the current trend, a market must be in an uptrend, if more than 50% of its biggest assets trade above their long-term SMAs. If they trade below their long-term SMAs, they must be in a downtrend. For the crypto market, I decided to check the popular BitPanda Crypto Index BCI10. It contains the 10 biggest crypto currencies by market capitalization, and frankly, by only looking at BitCoin, Ethereum, Polkadot and maybe Binance, we already have most of the market covered (again, in

Advance Decline Line for SDAX, MDAX and TECDAX

Today's Advance Decline Line for SDAX, MDAX and TECDAX

Today I am going to publish my self-calculated Advance Decline Line for the German stock indices SDAX, MDAX and TECDAX.

As some of you know, I calculate market breadth data on daily basis. I obtain daily-updated stock data from a free and legal source and calculate the breadth indicators on the following indices:
  • DAX
  • SDAX
  • MDAX
  • Euro Stoxx 50
  • NASDAQ 100
  • Dow Jones
  • S&P 500
  • Nikkei 225

Today it is time to look at the stock market indices with smaller caps or a technical focus.

Today's Advance Decline Line for SDAX


Today's Advance Decline Line for MDAX


Today's Advance Decline Line for TECDAX


A few words on the Advance Decline Line

You know it already:
The breadth indicator Advance Decline Line helps you to determine the health of a stock index. It shows if a price movement is carried by the broader market or just some big fishes. A divergence on the course of the index and the Advance Decline Line might give you a warning before a trend change.


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