The 4hr charts of some stock indices show a bit of consolidation ahead of President Trump’s address to a joint session of Congress but this gives traders trend lines to watch for any momentum-based breakout.
Silver is up testing multi-month trend lines on a number of fronts and might be worth watching for any continuation move. In this post I show charts of Silver (SI), the Silver ETF (SLV) and the Silver Miners ETF (SIL) with charts of the first two showing a daily-candle based trend line breakout. I also show one […]
These are US stocks that I’m either currently trading or considering trading. Many of them are NASDAQ stocks but, when you look at the triangle breakout on the NASDAQ monthly chart, you will see why I am encouraged by this group of stocks. I have a long history on being bullish on this index as […]
I’m monitoring how my TC algo works on the shorter-time frame stock index charts. This is how I’m seeing some of the index charts at the moment, my Thursday night, but it is still some hours until the US market opens. I won’t be able to check these charts again until tomorrow morning but I’ll […]
I posted yesterday about how I’m checking out my new coded TC template using the stock Indices and short-term charts and this is how the template and charts panned out. Before and after shots of the stock indices are shown below. All the identified trade entries were positive but some were potentially much more profitable […]