TTG Index Charts & Out of the Box Stock Screen 5/16/23 $KLAC $FLYW $AME
Out of the Box MarketWebs Screen
Index Updates
At TTG, I use Volume At Price quite a bit in my chart analysis and use the MarketWebs Indicator to provide Value Areas which provide significant support & resistance levels. Learn More Here about Volume At Price and the MarketWebs.
$ES_F - S&P futures - Daily chart: Really no change here in the technical picture in the SPX , still locked inside its May Value Area... 6 Fed Speakers today, Retail Sales at 8:30am, and Debt ceiling discussions at 3pm
US Dollar -0.1% / 30yr Bonds +0.2% / Crude -0.1% & Nat Gas -1.1% / Copper -2% / Cryptos are lower this morning
1hr chart: Price starts the week inside its new Value Area for the week, watch 4157 resistance
QQQ - NDX - Daily chart: Price continues to trend above its May Value Area and 5d EMA , no major resistance until the year's top of '23 Value Area $332.31 (not pictured)
1hr chart: Price above its Value Area for the week, 1st level of support to watch $325.76
IWM- Russell Small Cap ETF- Daily Chart: Price lagging this morning -0.5% and it will be interesting to see if price can stay inside its May Value Area by end of day , level to watch $174.32
1hr chart: Price dipping back into this week's Value Area, watch $174.29
Here is today’s TTG Proprietary Stock Screen “Out of the Box” using Volume At Price
Remember, I am only showing a few setups from the list here and review more in the TTG Trading Room. I provide a more detailed watchlist every weekend to start the week at TTG.
Charts
KLAC Weekly & Daily chart
KLA Corporation produces and distributes semiconductors. The Company offers surface profilers, nanomechanical testers, chips, and semiconductor assembly solutions. KLA markets its products in the United States. (Bloomberg)
-suggested stop price $395 from the TTG MarketWebs
FLYW Weekly and Daily chart
Flywire Corporation is a global payments enablement and software company in the education, healthcare, travel and B2B industries. The Company combines its proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for clients and their customers. Flywire serves customers worldwide. (Bloomberg)
-suggested stop price $29.5 from the TTG MarketWebs
AME Weekly and Daily chart
AMETEK, Inc. is a global manufacturer of electronic instruments and electromechanical devices. The Company manufactures advanced instruments for process, aerospace, power, and industrial markets and is a supplier of electrical interconnects, specialty metals, technical motors and systems, and floor care and specialty motors. (Bloomberg)
-suggested stop price $142 from the TTG MarketWebs
Remember, this is just one type of screen / setup that I focus on in my analysis!
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