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

An update on the Nikkei 225 and the McClellan Oscillator or McClellan Summation Index

I bet some of you can't wait to see the McClellan Oscillator and the McClellan Summation Index data for the Nikkei 225. Just a little more patience, please.

I started running calculations on the Nikkei 225 on the 11nd June 2021.

It takes at least 39 trading days until the McClellan indicators can be calculated. Useful data will be visible after another week, and after another month, one can start seeing the bigger picture (for a small time frame, though).

At the moment, we will have to wait 10 more trading days until the breadth data will be complete for the Nikkei 225. 

I could start collecting historical data for all index components and the run my calculations. But unfortunately this would consume too much of my spare time and at the moment I can't do it. If you happen to have some spare time and want to help me with this project feel free to get in touch with me.

In the mean time, here is the latest Advance Decline Line and Advanced vs. Declined data for the Nikkei 225 stock index:


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