Charts, charts and more charts

Anyone scalping ftse futures.The title of that is irrelevant.So i have started a new thread and hopefully people can join in.Please critcise any of my observations if you think its wrong.We are all here to learn
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A quick look at the SPX

Trends do take time to build.I have taken the veiw that the trend started from that point.Pink/purple is 45 degrees/projecting the trend

From that chart it looks a tad oversold now.Deviation from the trendline.Will it unwind ...and go back to trend.?