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 be keen to see if the trend lines were of any use for gauging momentum-based TC breakout moves during the US trading session.
S&P500 15 min:
DJIA 15 min:
NASDAQ 15 min:
ASX-200 15 min: NB: the 5,800 is a key S/R level here: