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It depends on what type of trader you are. As a swing trader, I like to use the daily chart as a way to see the trend but then shorter term timeframes to actually scale into the trade.

A nice bounce off the previous daily resistance trendline shown by the purple line. Will this area hold?

The daily %R is starting to move through the weekly %R. Is this a sign of a bottom forming here right at the bottom of channel support? Very oversold as well.

Chart of the day is MU over the last 5 years. Will this continue down or has a bottom been hit?

A third time testing the weekly resistance last week. What a move! Will this be the time it breaks to the upside or a reversal back down to the blue trendline support?

Chart of the day for Monday is FB. The daily candle is showing a strong downward sloping price channel but the weekly candle is showing strength with positive divergence on the Williams % R. To read the full analysis, click here.

I would say it depends on the timeframe you are looking at. Different timeframes will give different perspectives. With the monthly chart, you can probably look out 3-6 months and get a general idea of what the trend may do (assuming no crazy news or systemic risk event).

An interesting take on how we look at the SMA and EMA used in conjunction with each other. https://www.trendspider.com/blog/trendspider-strategy-guide-post-trading-the-sma-vs-the-ema/

The MACD is starting to cross to the downside here with a perfect test of the support trendline on the weekly candle. Further breakdown coming?

ISRG is looking interesting here with the weekly candle trading right at the 20-week simple moving average (purple line). Continued breakout next week? Thoughts?

Im sorry, what are you referring to and please can we speak as adults? Best, Jake

The chart is looking a little iffy for AAPL as the weekly candle is breaking down through the 20-week simple moving average and the daily price breaks down through crucial support.

The SPY broke through the 50-week EMA shown on the daily candle chart (yellow dotted line) and is now having trouble breaking through the daily SMA (20) above (purple solid line). Notice on the weekly candle, the price bounced off channel support perfectly with the lower indicators bouncing out...

This thread is for charts that look interesting into the next day or week!

Price is finding the weekly EMA (50) resistance here which is overlaid on the daily candle chart here (dotted line).

A huge breakout taking place... alert set for a test of resistance if the wedge breaks out.

Having trouble breaking through the black trendline resistance here. A nice wedge breakout this week though!

Resistance above is looking possible with an alert set above! Getting a little overbought on the lower indicators.

EURAUD is trading in a very strong uptrend on the weekly and is showing some support below around $1.59 on the daily candle.

Daily candle falling wedge vs. weekly candle symmetrical wedge. Price is nearing the weekly candle support line below.