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

Further progress on simple website with market breadth data

As promised, I let you know when I've made even more progress on my little project (simple website for providing market breadth data so I don't have to blog it).


Let's check the goals of my previous blog post:

  • DONE: Next, I want to add an automated image export for all index chart dashboards.
  • DONE: Those images shall be produced daily and be uploaded to a very simple website presenting those images. 

However, this refers to the normal stock indices, I didn't do this for crypto indices yet.

The simple website is just a HTML document including pre-rendered images. This is just a demo to show that the whole process works.

I've set up automated jobs to refresh the market breadth data daily and to render new images afterwards. I will check during the next days if this works.


Next: Make plans for a simple website which can actually be accessed by you guys.

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