Showing posts with the label dashboard

Crypto Market Barometer released on

  Crypto Market Barometer released Today I published my simple but easy-to-read Crypto Market Barometer on our website Click here to get to the new Crypto Market Barometer. This is how the main chart looks like: What's behind the new Crypto Market Barometer We believe that one simple but effective method of gauging the health of a market is to look at how many of the most important individual assets trade above their important SMAs. Since SMAs are a proven way of determining the current trend, a market must be in an uptrend, if more than 50% of its biggest assets trade above their long-term SMAs. If they trade below their long-term SMAs, they must be in a downtrend. For the crypto market, I decided to check the popular BitPanda Crypto Index BCI10. It contains the 10 biggest crypto currencies by market capitalization, and frankly, by only looking at BitCoin, Ethereum, Polkadot and maybe Binance, we already have most of the market covered (again, in

State of Dow Jones - Calendar Week 42 2021

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   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

State of Dow Jones - Calendar Week 41 2021

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 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

State of DAX - Calender Week 41 2021

 State of DAX for Calender Week 41 Welcome to this week's blog post about the state of the DAX. Those who follow us on Twitter might have seen a tweet from Wednesday, stating that there are small signs that the current situations might become better soon:   German stock index #dax - recovery started? #marketbreadth data gets a little bit better (SMA data on first image delayed by one trading day). #dax40 must close above 15 270. SMA 20 is at 15308 (XETRA). — Boersen Klaus (@boersen_klaus) October 13, 2021   Shortly afterwards, the DAX began it's climb on the chart. Are we out of the trouble yet? Let's determine that by looking at the index from different perspectives.   Technical Chart for DAX As usual, we'll start with the technical chart for DAX,created on The SMA 200 band has provided a confident level of support and the DAX managed to climb above the resistance levels 15 270 and 15 500. Also, the falling trendline was

Dow Jones latest market breadth

Latest Dow Jones Market Breadth Data   Dow Jones market breadth chart by I've added some new tools that allow me to view more historical market breadth data for Dow Jones. I can now look back from April 2020 until today and this helps me to understand how the Dow Jones is doing today. Similar to the graphics I use with the state of DAX, I will generate this market breadth dashboard only when writing blog posts. I've not automated everything yet, so there can't be automated uploads to the website. The McClellan Oscillator for Dow Jones is below the zero line, but advancing. This doesn't look that bad. The McClellan Summation Index for Dow Jones declined, and compared to its high from May 2021, it's a huge decline (from ~ 48 to ~ 4,6). This is bearish. Some words on the technical situation: At the moment the Envelopes are not touched, so the index is not oversold. The index is trading below the SMA 20, though, and the RSI is still belo