State of Dow Jones - Calendar Week 41 2021

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 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

Crypto Index breadth data: BCI 10 Advance Decline and more

 Here is a snapshot of the market breadth data for BitPandas crypto index BCI 10.

Summary, Advance Decline Line and Advanced vs. Declined for BitPanda crypto index BCI 10

McClellan Oscillator and Summation Index for Bitpandas crypto index BCI 10

Index members trading above their SMA50, SMA100 and SMA200 for Bitpandas crypto index BCI 10


Popular posts from this blog

State of DAX - Calendar Week 36

State of Dax - Calendar Week 31