1 pointInteresting proxy Bond yield chart here on a RRG using ETF's to demonstrate the 2 - 10 yield curve flattening over the 5 week period may give a clue to near future bond markets. (see article link) https://www.stockcharts.com/articles/dont_ignore_this_chart/2018/10/is-the-bond-market-sending-us-a-message.html?utm_source=dlvr.it&utm_medium=twitter For anyone not familiar with Kempenaer's graphs here is a link to a tutorial page. https://www.stockcharts.com/docs/doku.php?id=other-tools:rrg-charts Also here is a 5 week period RRG of US indices with Dow moving from improving zone to leading while S&P composite moves from lagging to improving and Nasdaq stuck firmly in weakening.
1 pointHi Caseynotes Thank you for your suggestion. I have been using a pivot point calculator to give the levels to then plot on my chart and it works but. 1) The Point to point lines that I have to use have to be placed one at a time and this takes a lot longer. 2) if I then mark them up with a number R1 then this number blocks half the chart on a higher time frame. I think typing the high low and close into a indicator for them to generate the lines with the level number and R1 S1 etc already on would be fantastic and it would also solve the other issues with Monday morning Pivot points that another person was asking about. Thank you for the quick responses and I hope the now indicator is put as a option.