TTG End of Day Trading Note 1-22-24
Themes, Out of Box Screen, CF Trading Position's, TTG Watchlist, Chart of the Day
Today's Themes:
Rates moving lower today igniting some Rotations
Breadth much better today
IWM IWC Led
QQQs seeing some profit taking
Clean Energy, Banks led
Market Performance, % change from open
US Upcoming Economics
Here is today’s TTG Proprietary Stock Screen “Out of the Box” using Volume At Price
names trending above their Value Areas (on 3 multiple timeframes & not super extended
Trading Account Portfolio: Position Sheet
Weekly Watchlist & The Great 8 (note all charts for the watchlist names are posted in the TTG Trading Room)
At TTG, I use Volume At Price in my chart analysis and I use the MarketWebs Indicator to provide Value Areas & VPOCs which indicate significant support & resistance levels. Learn More Here about Volume At Price and the MarketWebs.
Chart(s) of the Day
ITB Daily Chart
- The Homebuilders resumed their breakout!
- After spending a few weeks consolidating gains, the ITB ETF broke out above its Jan Value Area
- Favorite names/charts for me in group are PHM LII BLDR (see below) WSM MHO
Here is what you can do to help make them possible and support my work.
Leave a like on this post below
Share the post
Subscribe!
Click here if interested in more analysis via the TTG Trading Room!
Copyright © Tribeca Trade Group. All of the information in this newsletter is for entertainment and educational purposes only and is not to be construed as investment or trading advice. None of the information in this newsletter is guaranteed to be accurate, complete, useful or timely. IMPORTANT NOTICES AND DISCLAIMERS TriBeCa Trade Group is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of TriBeCa Trade Group are not acting as investment advisors and might not be registered with the U.S. Securities Authority