US Dollar +0.3% / 30yr Bonds +0.7% / Crude -2.0% & Nat Gas -3.9% / Gold -1.2% / Copper -1.3% / Cryptos are lower BTC -0.9%
US Upcoming Economics
US Bond Yields
note 3yr Bond Auction at 1pm today
TTG End of Day Video
Click here for End of Day Video
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: Price consolidating at the top of the Nov Value Area, level to watch $435.67 & if price can get out of its Value Area, next level up to target on the Daily Chart is the $444.96 VPOC (red line).
1hr chart: Price remains inside its Value Area for the week, resistance to watch is $436.29
QQQ - NDX 100 ETF - Daily chart: Price is at the top of Nov Value Area, resistance to watch $369.95, next upside level to watch is $373.66 VPOC (red line)
1hr chart: Price is above its Value Area for the week , support down at $360.84 and above last VPOC take out , next upside VPOC is $374.37 - again, VPOCs can represent overhead supply
IWM- Russell Small Cap ETF- Daily Chart: Price lagged yesterday, IWM -1.25% and is underperforming again this morning, ind -0.3% and may watch to fill that gap from last week. Resistance remains $176.94 top of value.
1hr chart: Price declined back to that VPOC take out from last week around $171.8 and is above its Value Area for week, support $168.69
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
AAPL Weekly & Daily chart
Apple Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related accessories. The Company also offers payment, digital content, cloud and advertising services. Apple Inc.'s customers are primarily in consumer, small & mid-sized business, education, enterprise and government markets worldwide. (Bloomberg)
-suggested stop price $177 using the TTG MarketWebs & upside price target $192 VPOC (red line)
Sign up here to get access to 50% off your first month of the The Tribeca Trade Group, coupon code TTGNEW
Copyright © Tribeca Trade Group. All of the information in this newsletter is for entertainment and educational purposes only and is not to be construed as investment or trading advice. None of the information in this newsletter is guaranteed to be accurate, complete, useful or timely. IMPORTANT NOTICES AND DISCLAIMERS TriBeCa Trade Group is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of TriBeCa Trade Group are not acting as investment advisors and might not be registered with the U.S. Securities Authority