TTG Index Charts & Out of the Box Stock Screen 7/20/23 $LULU $IBN
Out of the Box MarketWebs Screen
US Dollar +0.1% / 30yr Bonds -0.4% / Crude +0.2% & Nat Gas +2.9% Copper +1.8% / Cryptos up BTC +0.8%
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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 which indicate significant support & resistance levels. Learn More Here about Volume At Price and the MarketWebs.
$ES_F - S&P futures - Daily chart: Upside VPOC taken out yesterday, so another big upside target realized. Let's see if price can overcome this overhead supply or begin to fade. Note price is overbought with an RSI of 73
1hr chart: Price remains above its Value Area for the week, support to watch 4559.75
QQQ - NDX 100 ETF - Daily chart: Price -0.6% this morning on back of earnings reports. Watch to see if price can stay above its 5d Moving Average. Note RSI is overbought 73.
1hr chart: Price is still decently above this week's Value Area
IWM- Russell Small Cap ETF- Daily & Weekly Chart: Not much to update here this morning: Price is above the last VPOC take out and price is now close to that Yearly Value Area (2nd chart) $195.87 - this is a big level to watch
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
LULU Weekly & Daily chart
Lululemon Athletica Inc. designs and retails athletic clothing products. The Company produces fitness pants, shorts, tops and jackets for yoga, dance, running, and general fitness. Lululemon Athletica serves customers worldwide.(Bloomberg)
-suggested stop price $386 the TTG MarketWebs
IBN Weekly & Daily chart
ICICI Bank Limited operates as a bank. The Bank offers saving accounts, loans, debit, credit cards, insurance, investments, mortgages, and online banking services. ICICI Bank serves customers worldwide. (Bloomberg)
-note, IBN saw call buying yesterday: 4.7k of the Jan 24s calls.
-suggested stop price $22.5 the TTG MarketWebs
Remember, this is just one type of screen / setup that I focus on in my analysis!
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