State of Dow Jones - Calendar Week 42 2021

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   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

Delayed Dax data: Members above SMA200, Advance Decline Line, McClellan Oscillator and McClellan Summation Index for Dax

I'll hand out some data to the state of DAX although it's the middle of the week.

Note that the data is delayed by one trading day, meaning it is from Monday evening.

Dax components/members above their SMA200/50/100


Dax McClellan Osciallator and McClellan Summation Index

Finally Dax Advance Decline Line and Advanced vs. Declined data



It surely is an interesting trading week!


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