Posts

Showing posts with the label ethereum

State of Dow Jones - Calendar Week 41 2021

Image
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

Image
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

Image
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)

Image
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 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