Live indicators · major markets
Technical analysis, at a glance
The gauge below is an aggregate: it takes a set of moving averages and oscillators, counts how many point up and how many point down, and reduces the tally to a single needle. Useful as a summary, dangerous as an instruction.
S&P 500
EUR/USD
What the needle actually counts
Two groups feed the summary. Moving averages compare the current price with its own average over several lookback periods; each one votes buy or sell depending on which side the price sits. Oscillators — RSI, stochastics, MACD and others — measure momentum and whether a move looks stretched. The needle is the net tally of those votes on the timeframe you select.
That construction has a consequence worth understanding: in a strong trend, nearly every moving average votes the same way and the gauge pins to one extreme and stays there for days. It is not getting more confident. It is measuring the same fact repeatedly.
Timeframe and trading hours
Switch the interval tabs and the reading can invert completely: a market can be stretched on the hourly chart and barely moving on the daily. Neither is wrong; they answer different questions.
Session hours matter here too. Indicators built on an index that stopped printing at the closing bell will not update overnight, so a gauge that looks decisive at 02:00 is describing yesterday's close. Currency pairs keep updating, but during the thin hours the candles they are built from are shallow. The live clock shows which markets are actually trading right now.
This is not advice
MARKETSHOURS publishes market hours and reference data. These gauges are a third-party summary of public indicators, provided by TradingView, and nothing on this page is a recommendation to buy or sell anything. Indicators describe what price has already done; they do not know what it will do next.
What goes into the tally
The gauge is not a black box. It aggregates a fixed, public set of indicators, and each casts one vote.
| Group | Members | Votes buy when |
|---|---|---|
| Moving averages | Simple and exponential, 10 to 200 periods | Price sits above the average |
| Momentum oscillators | RSI, Stochastic, CCI, Williams %R | Momentum turns up from a low reading |
| Trend indicators | MACD, ADX, Awesome Oscillator | The trend measure strengthens upward |
| Volatility | Bull/Bear Power, Ultimate Oscillator | Buyers dominate the recent range |
The needle position is simply the balance of those votes. That is its strength as a summary and its weakness as a signal: it weights a 200-period moving average exactly the same as a 10-period one, even though they are answering questions on completely different horizons.
Three ways people misread it
- Treating "strong buy" as an entry. The reading is strongest when a move is already well advanced, because that is when every indicator agrees. By construction, the gauge is most emphatic after the move, not before it.
- Ignoring the interval. The same market can read strong sell on five minutes and strong buy on the week. Switching tabs without deciding which horizon you actually care about produces a different answer every time.
- Reading it while the market is shut. Indicators on a cash index stop updating at the closing bell. Overnight, the gauge describes the last session, not the current one — check the clock first.
None of this makes the summary useless. It is a fast way to see whether the indicators broadly agree, which is genuinely worth knowing. It is simply not a forecast, and no arrangement of past prices is.