State of Dow Jones - Calendar Week 41 2021

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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 tradingview.com): 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

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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