Crypto Market Barometer released on advance-decline.net

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  Crypto Market Barometer released Today I published my simple but easy-to-read Crypto Market Barometer on our website https://www.advance-decline.net. 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

Adding India Indices NIFTY 50 NIFTY 100 and many more

Implemented: Market Breadth Data for India indices

On Friday I implemented the data collection of market breadth data for the following Indian indices/markets:

  • NIFTY 100
  • NIFTY 50
  • NIFTY 500
  • NIFTY MIDCAP 100
  • NIFTY MIDCAP 50
  • NIFTY NEXT 50


 I will make the following market breadth indicators available for those indices:

  • NIFTY 100
    • Advance Decline Line for NIFTY 100
    • Advanced vs. Declined for NIFTY 100
    • McClellan Oscillator for NIFTY 100 
    • McClellan Summation Index for NIFTY 100
  • NIFTY 50
    • Advance Decline Line for NIFTY 50
    • Advanced vs. Declined for NIFTY 50
    • McClellan Oscillator for NIFTY 50
    • McClellan Summation Index for NIFTY 50
  •  NIFTY 500
    • Advance Decline Line for NIFTY 500
    • Advanced vs. Declined for NIFTY 500
    • McClellan Oscillator for NIFTY 500
    • McClellan Summation Index for NIFTY 500
  • NIFTY MIDCAP 100
    • Advance Decline Line for NIFTY MIDCAP 100
    • Advanced vs. Declined for NIFTY MIDCAP 100
    • McClellan Oscillator for NIFTY MIDCAP 100 
    • McClellan Summation Index for NIFTY MIDCAP 100
  • NIFTY MIDCAP 50
    • Advance Decline Line for NIFTY MIDCAP 50
    • Advanced vs. Declined for NIFTY MIDCAP 50
    • McClellan Oscillator for NIFTY MIDCAP 50
    • McClellan Summation Index for NIFTY MIDCAP 50
  • NIFTY NEXT 50 
    • Advance Decline Line for NIFTY NEXT 50
    • Advanced vs. Declined for NIFTY NEXT 50
    • McClellan Oscillator for NIFTY NEXT 50
    • McClellan Summation Index for NIFTY NEXT 50

 

Data collection started this Friday which means that it will take some time until market breadth data for those indices from India will be available.

 

I will also start to implement them on the market breadth data website https://www.advance-decline.net soon.

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