TTG Index Charts & Out of the Box Stock Screen 9/15/23 $HLT $TECK
Out of the Box MarketWebs Screen
US Dollar -0.1% / 30yr Bonds -0.4% / Crude +0.3% & Nat Gas +0.3% / Copper -0.3% / Cryptos are lower BTC -0.7%
Upcoming US Economics
note today is Triple Witching (here is a explanation video):
S&P options are implying a 30 bps move for today
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: Better price action yesterday +0.9% and price is now leaning higher, and back above its short term MAs (Moving Averages), watch the top of Sept Value Area resistance 4591.25
1hr chart: Price for the first time this week made it out of the Value Area for the week, support is now 4546.25 and upside VPOC (red line) may act as resistance 4577.5
QQQ - NDX 100 ETF - Daily chart: Price got back above its Sept Value Area, the key now is for price to stay above top of Value, $375.29
1hr chart: Price is currently above its Value Area for the week , watch $385.84 support
IWM- Russell Small Cap ETF- Daily Chart: Price bounced (again) on its 200d MA and the trend remains sideways here
1hr chart: Price remains inside its Value Area for the week
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
HLT Weekly & Daily chart
Hilton Worldwide Holdings Inc. operates as a holding company. The Company, through its subsidiaries, provides hospitality services. Hilton Worldwide Holdings owns and manages hotels, resorts, and time share properties worldwide. (Bloomberg)
-suggested stop price $151 using the TTG MarketWebs
TECK Daily chart
Teck Resources Ltd. is an integrated natural resource group with activities in mining, smelting, and refining. The Company mines zinc, copper, molybdenum, gold, and metallurgical coal in the United States, Canada, Peru, and Chile. Teck also produces refined metals, specialized metal products, and other products.stomers worldwide.(Bloomberg)
-suggested stop price $40 using the TTG MarketWebs & note the call activity yesterday, here is the open interest change:
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