Showing posts with the label hang seng

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

Vacation Time Roundup (2021)

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? 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

Advance Decline Line and McClellan Indicators for Hang Seng and Nikkei 225

Here is some recent data on the Hang Seng and the Nikkei 225 indices. I'll show you the Advance Decline Line and the Advanced vs. Declined data. The McClellan indicators will be available after the next 7 trading days for Nikkei 225. Huray! Nikkei 225 Advance Decline Line and Advanced vs. Declined Hang Seng Avance Decline Line and Advanced vs. Declined The price decline on the Chinese market is also reflected heavily in the Hang Seng course. The graphs above leave no room for interpretation.

Advance Decline Line and Advanced vs. Declined Data for Hang Seng and ATX

Advance Decline Line and Advanced vs. Declined data for Hang Seng stock index  Advance Decline Line and Advanced vs. Declined data for ATX stock index A quick note about the data The charts above show the Advanced vs. Declined data I managed to collect so far for the ATX and the Hang Seng. After a couple of trading days, more data will be collected and finally I will be able to calculate the McClellan Oscillator and the McClellan Summation Index for ATX and Hang Seng. In the mean time, I will continue to give you updates about those two stock indices.