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Showing posts with the label indices

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

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

Market breadth data: Advanced vs. Declined and McClellan indicators

Visualizing the pulse of Financial Markets Welcome to my first post on my new financial blog. It is important to know that everything you read here is just a way of expressing my opinion. Please do not consider it as financial analysis, consulting or buy/sell recommendation. About me and my market observations I do not consider myself a trader or investor. My goal is to find a way to put money into the capital market while reducing risks and anticipating big changes in trends. In my personal investment plan for retirement, ETFs play a huge role. I like passive index fonds because they basically mirror stock indices. Stock indices always represent parts of a market or a whole sector. In contrast to single securities, they represent a bride spectrum of exchange listed companies, and as a "group of stocks" they are less vulnerable to unexpected or extreme price movements. This is why some general rules of analyzing or anticipating price movements apply, and I find it rewarding