TTG Index Charts & Out of the Box Stock Screen 6/26/23 $ISRG $ROST
Out of the Box MarketWebs Screen
Index Updates
At TTG, I use Volume At Price in my chart analysis and I use the MarketWebs Indicator to provide Value Areas which indicate significant support & resistance levels. Learn More Here about Volume At Price and the MarketWebs.
US Dollar -0.2% / 30yr Bonds +0.4% / Crude +0.6% & Nat Gas +1.1% Copper -0.1% / Cryptos are lower
$ES_F - S&P futures - Daily chart: Price quiet to start the week and is currently below its 5d EMA but above its 20d EMA and at R1 $431.87 (extension from June Value Area). I think it will be interesting to see if price hold its 20d EMA this week.
1hr chart: Price starts the week below its Value Area for the week, something we have not seen for weeks.. and is a position of weakness... price needs to recapture $433.63 for the picture to change.
QQQ - NDX 100 - Daily chart: Similar picture to the S&P with price below its 5d EMA and above its 20d MA
1hr chart: Price starts week right at the bottom of its Value Area, watch $362.35
IWM- Russell Small Cap ETF- Daily Chart: Price quiet this morning after declining last week -2.9%. Price is now testing its 200d MA
1hr chart: Price starts the week decently below its Value Area, resistance up at $182.35
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
ISRG Weekly & Daily chart
Intuitive Surgical, Inc. design, manufactures, and markets surgical systems. The Company offers endoscopes, endoscopic retractors and disectors, scissors, scalpels, forceps, needle holders, electrocautery, ultrasonic cutters, and accessories during surgical procedures. Intuitive Surgical operates worldwide. (Bloomberg)
-suggested stop price $320 & upside Price Target $340 using the TTG MarketWebs
ROST Weekly & Daily chart
Ross Stores, Inc. operates two brands of off-price retail apparel and home accessories stores. Ross Stores offers name brand and designer apparel, accessories, footwear, and home fashions at discount prices. Ross Stores serves customers in the United States. (Bloomberg)
- suggested stop price $104 using the TTG MarketWebs
Remember, this is just one type of screen / setup that I focus on in my analysis!
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