TTG Index Charts & Out of the Box Stock Screen 01/22/24 New Watchlist for Week
Out of the Box MarketWebs Screen
US Dollar -0.1% / 30yr Bonds +0.7% / Crude +0.1% & Nat Gas -5.2% / Gold -0.1% / Copper -0.7% / BTC -1.2%
US Upcoming Economics
US Bond Yields
Index Updates
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- S&P Futures - On Friday, I talked about the possibility of new highs and we certainly got them on Friday! Price has broken out above its Jan Value Area , support to be long against is 4821 . I also like that Bond yields are lower this morning to start the day.
1hr chart: Price starts week above its Value Area for the new week, support also 4821
QQQ - NDX 100 ETF - Daily chart: Price breaking out to new highs, ind. +0.6% , support to trade against $412.12
1hr chart: Price starting the week decently above its new Value Area for the week
IWM - Russell Small Cap ETF- Price ind. +0.7% and Bond Yields moving lower are helping. Could Small Caps begin to perform here? I think we are going to see a further move lower in rates to help
1hr chart: The first test for an advance in Small Caps is that 1hr VPOC take out (last week's POC - Point of Control) let's see if price can stay above $193.8
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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