True Trend Charts accurately displays the intraday over and undervalue in the major market indices (Nasdaq, Dow Jones, S&P 500, and the semiconductor index). The application displays real-time data as it arrives. The TrueTrend algorithms were developed to work around the lag and false trend indication problem that ordinary day trading indicators suffer from. True Trend Charts clearly displays why the market appears to shift direction without any reason. It detects and displays the true dynamic support and resistance levels as well as the historical support and resistance levels in the intraday market.