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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.
ES_F - SPX Futures - Daily chart: Prices ~ flat to start new week and have an important level to watch after Friday's bounce, 5245.50 is the top of the Apr Value Area and price will need to stay above for higher trending prices to continue.
1hr chart: Price starts inside its new Value Area for the week, support level to watch 5236.25 and resistance is 5300
QQQ - NDX 100 ETF - Daily chart: Price also ~ flat to start the week and remains inside the April Value Area, support to watch is $435.85 which also lines up with the 50d MA
1hr chart: Price is inside its Value Area for the week, support to watch $438.38 and resistance $444.92
IWM - Russell Small Cap ETF- Small Caps outperforming, ind. +0.3% despite higher yield this morning. Support to watch is $202.05 bottom of Apr Value Area
1hr chart: Similar to the S&P & QQQ, price starts the week inside its Value Area, support to watch $203.26 & resistance $206.96, also note the VPOCs nearby (blue lines)
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)
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