US Dollar -0.2% / 30yr Bonds +0.4% / Crude +0.9% & Nat Gas +0.8% / Gold +1.1% / Copper flat / BTC -0.3%
US Upcoming Economics
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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.
SPY- S&P ETF - Daily chart: Ahead of the PCE Deflator data , indices are essentially flat. Price retook its 5d MA (Moving Average) yesterday and short term trend remain up. Note, today officially starts the Santa Claus rally
1hr chart: Despite yesterday's rally, price is still inside its Value Area for the week, resistance to watch $473.52
QQQ - NDX 100 ETF - Daily chart: Price all rebounded from Wednesday's sell off and is back above its 5d MA
1hr chart: Price also regained its Value Area for the week, level of support to watch is $406.35
IWM- Russell Small Cap ETF- Daily Chart: Price also back above its 5d MA and uptrend is intact
1hr chart: Price regained its Value Area for the week yesterday, support to watch $197.73
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)
Charts
ACN Weekly, Daily chart
Accenture PLC provides management and technology consulting services and solutions. The Company delivers a range of specialized capabilities and solutions to clients across all industries on a worldwide basis. Accenture operates a network of businesses provides consulting, technology, outsourcing, and alliances. (Bloomberg)
- Using the TTG MarketWebs, stop price $335 / upside VPOC target $364.7
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