State of Dow Jones - Calendar Week 41 2021

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State of Dow Jones - Calendar Week 41 2021 Welcome to the second episode of the blog post series "State of Dow Jones", where we look at the leading US stock index from different perspectives and try to determine how solid the current development is. 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 overcame the old falling highs and the important resistance at 25 000, now trading at 35 294 points. The index is trading above its SMA 20 again and even went into the upper Envelope band. This means the Dow is slightly overheated and it is likely that the index will show a small pull-back before rising again. The RSI is at 60, three trendlines were identified and crossed during the last trading days. The technical chart provides us with enough confidence to say that the correction might be over and the outlook is neutral, or maybe even slightly bullish. Marke

Is my favourite index covered?

On this blog, I'll cover the following stock market indices:

  • Germany
    • DAX
    • MDAX
    • SDAX
    • TECDAX 
  • Spain
    • IBEX 35 
  • France
    • CAC 40
  • Netherlands
    • AEX 25 Amsterdam Index
  • Europe
    • Euro Stoxx 50
    • Stoxx Europe 600
  • Swiss
    • SMI
  •  USA
    • Dow Jones
    • S&P 500
    • NASDAQ 100
  •  Japan
    • Nikkei 225 
  • Hong Kong
    • Hang Seng 
  • India
    • NIFTY 50
    • NIFTY 100
    • NIFTY 500
    • NIFTY NEXT 50
    • NIFTY MIDCAP 50
    • NIFTY MIDCAP 100

 

As of 25nd of July 2021 I also try to cover the crypto market. Currently, the following crypto indices are also covered:

  • BCI5
  • BCI10

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