Some stock indices ahead of Trump speech

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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