TTG Index Charts & Out of the Box Stock Screen 10/13/23 $PLAB
Out of the Box MarketWebs Screen
US Dollar -0.1% / 30yr Bonds +0.6% / Crude +1.3% & Nat Gas -1.7% / Copper flat / Cryptos are higher +0.2%
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 which indicate significant support & resistance levels. Learn More Here about Volume At Price and the MarketWebs.
$ES_F - S&P futures - Daily chart: Price checking back & so far holding that bottom Oct Value Area, must watch level is 4373.5 (SPY $430.96)
1hr chart: Price remains above its Value Area for the week, but has a bit of an abstract head & shoulders look to it , important that price stays above that level 4375.5 on Daily chart
QQQ - NDX 100 ETF - Daily chart: Price above all its Moving Averages but remains inside its Oct Value Area & stalled at a trendline I have drawn.
What I am watching here is whether price can get over its previous Sept high & get out of lower highs pattern. For now, the Bullish 80% rule is still in effect with top of Value $380.83
1hr chart: Price also has a head & shoulder look to it , watch $367.42 R1 extension from this week's Value Area
IWM- Russell Small Cap ETF- Daily Chart: Big move lower yesterday in IWM -2.3% and price got rejected at its 20d MA
1hr chart: Price back inside its Value Area for the week, resistance $172.94 / support $169.3
Here is today’s TTG Proprietary Stock Screen “Out of the Box” using Volume At Price
Charts
PLAB Weekly & Daily chart
Photronics, Inc. manufactures photomasks, which are high precision quartz plates that contain microscopic images of electronic circuits. The Company's products are used to transfer circuit patterns onto semiconductor wafers during the fabrication of integrated circuits. Photronics operates manufacturing facilities in Asia, Europe, and North America. (Bloomberg)
-suggested stop price $20 using the TTG MarketWebs
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