US and EU stock indices data ingestion currently broken

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 Unfortunately we noticed very late, and now the charts for the US and EU stock indices are outdated.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.    

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 https://www.advance-decline.net

 


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.


Comments

Popular posts from this blog

Crypto Market Barometer released on advance-decline.net

State of Dow Jones - Calendar Week 42 2021

DAX falling and rebounding as expected