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 Unfortunately we noticed very late, and now the charts for the US and EU stock indices are outdated.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

Nikkei 225 slightly overheated 01.09.2021

Nikkei slightly overheated

New month, new "overheated" alert! From my point of view, the Nikkei 225 looks slightly overheated after breaking out from lower levels.


Nikkei 225 Market Breadth and Envelopes

The price touched the envelopes and almost reached the border of the upper band. The last time the Nikkei 225 crossed the upper Envelopes band was in February 2021. Since then, every time it touched the upper band, it bounced back one trading day later.

The Advance decline Line did not rise above the last high, which is some kind of divergence. 

The McClellan Oscillator for Nikkei 225 reached the highest level since mid August and the McClellan Summation Index for Nikkei 225 just touched the value 30 line.

From a technical point of view, this index is now looking stronger than during the last weeks. It will be interesting to see if the break out will continue.

PS: The Nikkei 225 closed above the SMA 200 today. It was closing above the SMA 20 two trading days ago.



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