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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

21Shares Crypto Basket Index ETP Market Breadth Added

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21Shares Crypto Basket Index ETP Market Breadth Data now available   Today, we've added market breadth data for the 21Shares Crypto Basket Index ETP .   The 21Shares Crypto Basket Index ETP (ticker: HODL) is a popular instrument to invest in crypto currencies. This security as a WKN and ISIN and can be traded with traditional broker accounts. The ETP covers the five biggest crypto currencies based on their market capitalization. When we added this crypto basket to our website on October the 2nd, the following five crypto currencies were covered: BitCoin, Polkadot, Ethereum, Cardana, Cosmos. As usually, we calculate the market breadth data for this index on daily basis (7 days a week).    

Indices performance in September

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Relative performance of stock indices in September Probably the chart of the month: The image above shows the relative performance of selected stock indices. As you can see, most indices performed badly during September. Only Nikkei 225 was able to carry some gains into the next month. HangSeng > -6% Nasdaq 100 > -5% Dow Jones ~ -4% Dax ~ -3,5% Nikkei 225 ~ +2,7%   Relative indices performance of last 6 months   Relative indices performance of last 12 months   Relative indices performance of last 12 months compared to Bitcoin and Ethereum Bitcoin: From 100% to 406% Ethereum: From 100% to 840%

Vacation Time Roundup (2021)

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Vacation Time Roundup (2021) What happened during the last 10 days? Vacation is over :( and it is time to catch up with the markets. What happened during the last 10 days? blog.advance-decline.net listed as a Top 100 Trading Blog on Feedspot I'm happy to announce that Feedspot recently included this little blog here into its list of the Top 100 Trading Blogs in the web. Feedspot helps you to discover and follow interesting blogs covering various topics, including trading and investing. Check out their website if you are open to discover new and interesting blogs! Major indices dropped The chart above visualizes the price development for selected indices during the last 10 days, compared to market opening on day one. Almost all selected indices declined and did not recover yet from the sharp drop we've seen with its lowest low on September the 20th: The German tech stock index TECDAX gained 0,74% during this period The indices NASDAQ 100, Dow Jones, SDAX, DAX, TECDAX, MDAX, Ni

Crypto Market Breadth according to BitPanda's Crypto Index BCI 10 (08.09.2021)

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Crypto Market Breadth according to BitPanda's Crypto Index BCI 10 (08.09.2021) BitPanda's Crypto Index BCI 10 has 10 components. It does not mirror the whole crypto market, but gives an impression about how crypto is currently doing.   Here is the market breadth data for the crypto index BCI 10: Market breadth data for BitPanda's crypto index BCI 10 provided by www.advance-decline.net   The market breadth data surely reflects the current development, meaning the little sell-off we saw during the last 24 hours. We now see less crypto currencies trading above their SMA 50, 100 and 200. The decline is particular strong for the percentage of members trading above their SMA 200 (current value is 60% compared to 2 trading days before where we had 100%). The McClellan Oscillator fell below the zero line and the McCllellan Summation Index started its decline (but is still on a high level, though). If only looking at market breadth, the current state is nothing more than a necessary

BCI10 Crypto Index from BitPanda what's happening right now?

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BitPandas BCI 10 Crypto Index: What's happening right now? After a strong weekend for crypto, some major currencies seem to take a break from the rally. The BCI 10 Crypto Index represents 10 crypto currencies and might help us to understand: What's happening right now?   Before I start writing, let's look at the BCI10 Crypto Market Breadth data:   Source: https://www.advance-decline.net/crypto-indices/bci-10/ Dissecting the Crypto Market Breadth Data Some would say crypto was overheated a bit after the last strong weekend.  The McClellan Oscillator dances with its zero line, while the McClellan Summation Index seems to have created a top. Values for this indicator are very high, comparable to the golden times from the beginning of the year. The percentage of BCI 10 members trading above their SMA 50 is very high. The percentage of BCI 10 members trading above their SMA 100 is very high. The percentage of BCI 10 members trading above their SMA 200 is continuously rising and

BitPandas BCI10 Crypto Index Market Breadth 19.08.2021

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  BitPandas BCI 10 Crypto Index Market Breadth for 19.08.2021 Honestly, I thought Crypto currencies would suffer from more weakness during the last trading days. But the BCI10 and its components show an incredible strength. Market breadth data for the BCI10, however, shows a small decline for the percentage of members trading above their SMA 50. This is usually a sign that the positive trend lost some momentum. The McClellan Oscillator has been negative two days in a row, but is already showing tendency to move back to the zero line. The McClellan Summation Index is still strong.   b

Crypto index: BCI5 and BCI10 market breadth data

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Crypto on the rise again? Market breadth data suggests a turnaround Here is the latest data for BitPandas crypto currency indices BCI5 and BCI10. I will show you the values for the Avance Decline Line, Advanced vs. Declined, the McClellan Oscillator, the McClellan Summation Index and the percentage of index members trading above their SMA50, SMA100 and SMA200.   BitPandas Crypto Index BCI10: Market breadth data     BitPandas Crypto Index BCI5: Market breadth data  

Crypto Index breadth data: BCI 10 Advance Decline and more

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 Here is a snapshot of the market breadth data for BitPandas crypto index BCI 10. Summary, Advance Decline Line and Advanced vs. Declined for BitPanda crypto index BCI 10 McClellan Oscillator and Summation Index for Bitpandas crypto index BCI 10 Index members trading above their SMA50, SMA100 and SMA200 for Bitpandas crypto index BCI 10

Crypto: BitPanda BCI 10 crypto index market breadth data

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 This is today's market breadth data for the crypto index BCI10 (BitPanda Crypto Index). I'll include the Advance Decline Line and the Advanced vs. Declined data for crypto first:   Here is also the McClellan Oscillator and the McClellan Summation Index:     As usual, please note that the BCI10 crypto index only represents a small number of crypto currencies (10 pcs). It is not a mirror of the whole crypto market. However, it reflects a large portion of the market capitalization the crypto market has.  

Crypto currencies: BCI 10 market breadth data quick summary

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Today's trading day has an impact on the market breadth data - no doubt about that. Here is the... Market Breadth Data for the Crypto Index BCI10 from BitPanda This blog post is a quick summary about today's values for the Advance Decline Line, the % of members trading above their SMA50/100/200 and the McClellan indicators. Advance Decline Line McClellan Oscillator and McClellan Summation Index Percentage of members trading above their SMA50/100/200   I attached two screenshots for the percentage of crypto index members trading above their SMA lines. The first screenshot shows the bigger time frame, while the second shows the last 90 days.

Crypto index BCI10 Market Breadth data added

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It turned out that adding the market breadth data for the BCI10 index was very easy after I added the market breadth data for Bitpandas crypto index BCI5. What are the members of the BCI10 (Bitpanda Crypto Index 10)? BitCoin Ethereum Binance Coin Dogecoin Polkadot Cardano Uniswap Bitcoin Cash Litecoin Chainlink You can view more information about Bitpandas Crypto Index here: https://www.bitpanda.com/en/bci-bitpanda-crypto-index   What market breadth data was added for the BCI10 crypto index? The following market breadth data was added for the BCI10 (crypto index): Advanced vs. Declined Data for crypto Advance Decline Line for crypto McClellan Oscillator for crypto McClellan Summation Index for crypto % of index members above SMA50 % of index members above SMA100 % of index members above SMA200    Crypto Market Breadth Data (Advance Decline Line for Bitcoin etc.) for BCI10 Here is today's market breadth data on the BCI10 (crypto index). Please note that it is not the market breadth

Crypto Advance Decline Line, McClellan Oscillator and more market breadth

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First version of Crypto Market Breadth Indicators and Visualizations added Today I completed the first version of Crypto Market Breadth visualizations. For several crypto currencies, such as Bitcoin or Ethereum, the Advance Decline Line, the McClellan Oscillator and more data was added. Let's start with the BCI5 (Bitpanda Crypto Index 5) crypto index and its market breadth data Version 1 "only" includes the Bitpanda Crypto Index 5 with the following index members: BitCoin Ethereum Binance Coin Dogecoin Polkadot You can view more information about Bitpandas Crypto Index here: https://www.bitpanda.com/en/bci-bitpanda-crypto-index   The following market breadth data was added for the BCI5 (crypto index): Advanced vs. Declined Data for crypto Advance Decline Line for crypto McClellan Oscillator for crypto McClellan Summation Index for crypto % of index members above SMA50 % of index members above SMA100 % of index members above SMA200 Crypto Market Breadth Data (Advance Decli

Crypto breadth data (Advance Decline Line, McClellan indicators, over SMA 200 data etc.) for (Crypto) Indices

Market breadth data, such as Advance Decline Data, for Crypto currency indices I am currently looking into generating breadth data, such as the Advance Decline Line, Advanced vs. Declined, the McClellan Summation Index, the McClellan Oscillator or "members above SMA50/100/200" for the crypto market. Scouting Crypto indices The first step would be to identify relevant crypto indices for my purpose. This is what I've found so far: S&P Crypto Indices - can't find the components so far (am I blind??) BitPanda Crypto Indices BCI5 (Bitcoin, Ethereum, BNB, Doge, Polkadot) BCI10 (BCI 5 + others) BCI25 (BCI 15 + 15 others) WorldCoinIndex Bloomberg Crypto Indices   Since Bitocin and Ethereum have the largest market cap by far, creating crypto indices doesn't make much sense if you don't have a weight limit for the biggest crypto currencies. But when comparing the prices to the breadth data, such as the Advance Decline Line, one gets a better impression if the crypto