US and EU stock indices data ingestion currently broken

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An update on data ingestion and chart generation Here is a real quick update on what can currently be observed on the main website: Our main data source for US and EU stock indices changed some internals, which is why the automated data ingestion no longer works. Hence, the automatically generated charts stopped updating in June. Unfortunately we noticed very late, and now the charts for the US and EU stock indices are outdated. The charts for indices from India and all crypto-related things are not affected. What are the next steps to fix the US and EU stock indices charts? We are going to look for another data source and adapt all things accordingly. We will let you know as soon as everything is fixed.    
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NASDAQ 100 - Interesting Monday ahead (29.08.2021)

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NASDAQ 100 - How the new week could start

The NASDAQ 100 has delivered. I don't know if we are going to see a new record high every week until the Tapering begins, but the strength of this index is remarkable.

While we can not make any predictions for the next months, we still can look how the chances are for the NASDAQ 100 on Monday.

NASDAQ 100 Market Breadth Data


The image above shows the market breadth for the index NASDAQ 100.

What you can't see is that the NASDAQ 100 is moving along a rising trend line, starting on 16.02. and touching it on 26.07., 24.08., 25.08 and on last Friday (27.08.).

It looks like that the NASDAQ 100 has troubles crossing this trend line, and often the index touches the upper Envelope band, which is usually a sign of overheating. So there are already two limiting factors, and it might take a very strong impulse for the price to overcome those limits. It is more likely that the NASDAQ 100 will slowly advance along those borders.

In addition, Advanced vs. Declined raw data also reached an extreme on Friday. Chances are high that this data declines, moving in the opposite direction.

So, for Monday, it is unlikely that we are going to see huge gains. Instead, we might see a small decline.


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