Showing posts with the label advances vs. declines

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 Unfortunately we noticed very late, and now the charts for the US and EU stock indices are outdated.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 unchained on 30.08.2021

NASDAQ 100 Unchained Despite my estimation I published with yesterday's blog post , the Nasdaq 100 managed to climb another 1,12% today.  What's our perspective on the current situation?   NASDAQ 100 Market Breadth Data and Envelopes Source: Nasdaq 100 Market Breadth Data    The price stopped at the top border of the upper Envelope band . Really, chances are now very high that the price will move into the opposite direction during the next trading day. Breaking through the upper band is a rare event and happened once per 3 months during the last year (it's not entirely correct, but you get the point). Nasdaq 100 Advances vs. Declines actually declined today. The McClellan Oscillator gives very bullish signals while the McClellan Summation Index is moving towards the zero line with medium speed.