TTG Index Charts & Out of the Box Stock Screen 10/4/23
Out of the Box MarketWebs Screen
US Dollar -0.1% / 30yr Bonds -0.2% / Crude -0.4% & Nat Gas +2.0% / Copper -0.5% / Cryptos are higher BTC +0.3%
Upcoming US Economics
US Bond Yields
- Softer on shorter end of curve / the curve continues to un-invert
Last night’s TTG Market Recap Video
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 rebounded nicely on the VPOC (red line) take out , next area I am watching is to see if price can retake its 5d MA and note overhead supply (200d MA & 4370.75 Value Area)
1hr chart: Price is getting closer to the bottom if this week's Value Area, watch 4308 resistance
QQQ - NDX 100 ETF - Daily chart: Real nice levels to watch here - $359.78 bottom of the Oct Value Area (resistance) - this is a great level to watch for upside continuation. How would i use this? Very simply, long > $359.78 and avoid if price cannot get above this level.
1hr chart: Similar level to watch here, $359.93 which is the top of this week's Value Area. I am watching for a break above this week's Value Area and a break into the Oct Value Area (Daily chart)
IWM- Russell Small Cap ETF- Daily Chart: A small reversal yday in Small Caps which continue to show relative weakness
1hr chart: Price deeply below this week's Value Area, resistance $175.49
Here is today’s TTG Proprietary Stock Screen “Out of the Box” using Volume At Price
no companies on today’s screen…
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