TTG Index Charts & Out of the Box Stock Screen 9/28/23 $NOV
Out of the Box MarketWebs Screen
US Dollar -0.3% / 30yr Bonds -0.1% / Crude +0.5% & Nat Gas +1.0% / Copper +1.1% / Cryptos are higher BTC +0.8%
S&P options are implying a 70 bps move for today
Upcoming US Economics
US Bond Yields
- Yields higher on the long end of the curve this morning
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.
$ES_F - S&P futures - Daily chart: Hammer candle yesterday right on the the 200d MA. Let's see if that 200d MA area continues to find buyers. If not, next level down to watch is the 4247.75 VPOC (red line)
1hr chart: Price hanging in there , around that last VPOC take out ~ 4309 and a nice move off the lows yesterday. However, price still needs to turn the corner and get above some of its short term MAs (Moving Averages) for confirmation
QQQ - NDX 100 ETF - Daily chart: Price rebounded from the lows of the day yesterday and formed a hammer candle which sometimes can define a short term low. However, price still remains below all short term MAs and needs to reclaim at least its 5d MA for some confirmation a short term low is in.
1hr chart: Price remains between the bottom of this week's Value Area and lower VPOC (red line) $349.88.. will need to see one of those overtaken / taken out for a signal.
IWM- Russell Small Cap ETF- Daily Chart: So far a nice bounced off that lower VPOC @ $174,77. However, price remains below all its MAs so would need to at least see a move above its 5d MA for confirmation/ that its short term low is in.
1hr chart: A real nice level to watch here $176.56 which is the bottom of this week's Value Area. So far this week, price has been struggling with that level so a move inside this week's Value Area would be a positive development.
Here is today’s TTG Proprietary Stock Screen “Out of the Box” using Volume At Price
Charts
NOV Weekly & Daily chart
NOV Inc offers equipment and components used in oil and gas drilling and production operations, oilfield services, and supply chain integration services to the upstream oil and gas industry. The Company serves customers worldwide.(Bloomberg)
-suggested stop price $20 using the TTG MarketWebs & short term price level to target $23.16 VPOC (red line)
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