Into index trading and investing. Believes in technical analysis and market breadth data. Provides free market breadth data and analysis on his blog and website
Crypto Market Barometer - short-term outlook is much better now. A short-term rally seems more likely. In the bigger context, though, this might only be a short relief within a bear market. #crypto#marketgauge#marketbarometer#btc#ETH
Market breadth chart images are fixed now for US and EU indices. Sorry for the inconvenience. This happens when you rely on automation, but save on monitoring. Shame on me!
https://t.co/oxDN01yq1J
#marketbreadth
#DAX looking very weak again. Below the SMA20. Below the SMA200. Below the Envelopes. Market breadth points downwards. Maybe there will be a (technical) rebound on Monday, but I'd avoid this index for now. #dax40#trading
Remember that the price does not always go up and needs consolidations and corrections now and then. The #DOW still looks great on the bigger picture. Multiple support elements are close by. #dowjones#trading
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).
@BlogJulianKomar Sounds banal, but it is so true. Might be hard for most people to admit that they just had luck if they know nothing but gains and started shortly after the Corona crash.
@AktienTrader1 Have been with Guidants for ~ 1 year now. Their chart software is excellent and there are many providers for course data. Can really recommend them.
@CryptoWhale What would you guys do with 1 Mio USD anyway? Will it really be enough to stop working or to buy a house? Here in Europe, 1 Mio USD won't get you far. Maybe 5 MIo USD is the new 1 Mio $$
@AktienTrader1 A couple of days later, the #Dax is still away from a rally. Compared to the Dow Jones, the Dax looks even weaker. I'm looking at the chart, but also at market breadth (e.g. % of DAX members above their SMAs). Data is not looking good: