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.
The same deal applies here:
- adjust trend lines to fit S/R until momentum ticks higher and, then,
- watch for any momentum-based trend line breakout.
S&P500 4hr:
DJIA 4hr:
NASDAQ-100 4hr:
DAX-30 4hr:
FTSE-100 4hr:
ASX-200 4hr:
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