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Showing posts with the label tradingview

US and EU stock indices data ingestion currently broken

An update on data ingestion and chart generation Here is a real quick update on what can currently be observed on the main website: Our main data source for US and EU stock indices changed some internals, which is why the automated data ingestion no longer works. Hence, the automatically generated charts stopped updating in June. Unfortunately we noticed very late, and now the charts for the US and EU stock indices are outdated. The charts for indices from India and all crypto-related things are not affected. What are the next steps to fix the US and EU stock indices charts? We are going to look for another data source and adapt all things accordingly. We will let you know as soon as everything is fixed.    

Dow Jones and DAX quick analysis

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Dow Jones and DAX quick analysis The first trading day after the elections in Germany is over. Reason enough to take a quick look at the DAX. Its bigger brother, the Dow Jones, is always an interesting index so I don't need a particular reason for a quick analysis. DAX situation Technical chart for DAX created at tradingview.com The DAX started very good into this trading day with gains around ~ +1,21%. Experts say that many investors liked that the outcome of the elections in Germany make an unwanted constellation for a government coalition impossible. Instead, stability can be expected from the next German government. Other investors seemed to be scared of long negotiations between the parties that could form the next coalition. During the day, those gains shrunk to ~ +0,27%, but a gain is a gain. On the chart it means that the DAX continues to trade below the SMA 20, but at least it trades above the important support line at 15 500. The RSI is still below 50. Technically, the si

DAX falling and rebounding as expected

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DAX falling and rebounding as expected An arrogant headline, true. Market breadth data simply nailed it and yesterday, I announced on twitter that anti-cyclical traders will have their chance : Dax nearly touched the lower Envelope band today. The last time this happened was nearly two months ago. The index is trading below its SMA 20 and the McClellan Oscillator reached -2 again. Good chance to buy the dip if you're anti-cyclical. #dax #trading #marketbreadth pic.twitter.com/bmgqJmzXD9 — Boersen Klaus (@boersen_klaus) September 8, 2021   But also the technical chart provided an indication how deep the DAX might fall today. Technical chart and analysis for DAX Technical chart for DAX with Envelopes and RSI, created on tradingview.com The orange trendlines mark the ongoing mini consolidation for the DAX. The limiting line on the top was already present, but it was unclear, at least for me, where its counterpart at the bottom would appear. But after today's trading day, it