Boersen Klaus

Hi folks! Welcome to another part of the blog post series State of Dow Jones for Calendar Week 42 2021 Part three already. This week has been incredible for those that invested into the Dow Jones. But how healthy is the current price development and what's the outlook?   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 managed to trade above its SMA 20 and also overcame the turquoise trendline / flag which happened to be at the 35 000 resistance level, which became a support shortly afterwards. The index only knew one direction during this week - upwards. The current price movement stopped a few points above the old all-time high and within the upper Envelope band. On the daily time frame, the index now looks slightly overheated. For now, the old all-time high around 35 631 holds, but it wouldn't be a big surprise if there was a small pull-back before t

Website launched - Free Market Breadth indicators for your favorite indices   A couple of days ago I announced that I started working on a simple website that provides the market breadth data for popular indices. During the last weeks, I usually took a screenshot of the self-generated market breadth visualization and uploaded it to this blog, so everybody could view indicators such as the Advance Decline Line, the McClellan Oscillator or the McClellan Summation index on their own. However, this method was not very efficient, since the visitors had to rely on my posting fresh data over and over again. And of course I didn't have the time to post the market breadth data for every index every day, so it might have happened that some visitors needed the latest market breadth data but did not get it. The clear solution to me was to provide a simple website and upload the daily generated market breadth visualization to this destination. This way, all visitors could browse through the mar