State of Dow Jones - Calendar Week 42 2021

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Hi folks! Welcome to another part of the blog post series State of Dow Jones for Calendar Week 42 2021 Part three already. This week has been incredible for those that invested into the Dow Jones. But how healthy is the current price development and what's the outlook?   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 managed to trade above its SMA 20 and also overcame the turquoise trendline / flag which happened to be at the 35 000 resistance level, which became a support shortly afterwards. The index only knew one direction during this week - upwards. The current price movement stopped a few points above the old all-time high and within the upper Envelope band. On the daily time frame, the index now looks slightly overheated. For now, the old all-time high around 35 631 holds, but it wouldn't be a big surprise if there was a small pull-back before t

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



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