Crypto Market Barometer released on

  Crypto Market Barometer released Today I published my simple but easy-to-read Crypto Market Barometer on our website 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

NASDAQ 100 with ongoing strength (23.08.2021)

NASDAQ 100 rising and rising and rising..

NASDAQ 100 unchained! What an incredible run this index had during the last weeks.

Some people have been worried about this leading tech index because the FED might announce the end of the money floods during the upcoming days.

Despite the upcoming event risk, the index is going upwards, marking a signal of strength. 

If you like technical analysis, you might find the current chart appealing aswell.


But what does the market breadth data for Nasdaq 100 tell us?

Market Breadth Data for Nasdaq 100, taken from


Advanced vs. Declined reached a positive extreme today, so there is a high chance that the index will have only small or no advances during the next trading day at all. The Advance Decline Line for NASDAQ 100 shows no divergence. 

The McClellan Oscillator for NASDAQ 100 crossed the zero line today, which provides a buy signal for all cyclical traders with a short-term scope.

The McClellan Summation Index for NASDAQ 100 formed a bottom and is expected to rise during the upcoming trading days (well, at least that is what we hope for, right?). This would be a buy signal for anti-cyclical traders with a long-term scope.


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