TTG Index Charts & Out of the Box Stock Screen 6/7/23 $SDGR $WDAY $SHOP
Out of the Box MarketWebs Screen
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.
US Dollar -0.2% / 30yr Bonds flat / Crude +1% & Nat Gas +2.7% Copper +0.5% / Cryptos are lower BTC -1.3%
$ES_F - S&P futures - Daily chart: Price drifting higher and above all short term Moving Averages and trendline
1hr chart: Price above Value for week and a bit sideways so far this week
QQQ - NDX - Daily chart: Price consolidating a bit after big gains, remains above all the Moving Averages and RSI is still overbought at 76
QQQ 1hr: Price above its Value Area for the week , watch $352.56 support
IWM- Russell Small Cap ETF- Daily Chart: Big volume yesterday on a big move higher & firmly above its 200d MA , next upside levels to watch $187.29 and $192.77
1hr chart: Price leading higher this morning +0.5%, next upside VPOC to watch $186.61
$NYSI - NYSE McClellan Summation Index
- bullish crossover with its 10d MA indicating breadth expansion, which is a change in tone
Here is today’s TTG Proprietary Stock Screen “Out of the Box” using Volume At Price
Decent expansion in names on list today (Breadth expansion)
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
SDGR Weekly & Daily chart
Schrodinger, Inc. of the United States was founded in 1990. The Company's line of business includes providing software for drug discovery and materials design and running drug discovery programs independently and through collaborations.(Bloomberg)
-suggested stop price $35 & short term upside PT $42 using the TTG MarketWebs
WDAY Weekly & Daily chart
Workday, Inc. provides enterprise cloud-based applications. The Company offers human capital, spend, and financial management, as well as payroll, initiatives and higher education solutions. Workday serves the finance, healthcare, manufacturing, education, and technology industries worldwide. (Bloomberg)
- suggested stop price $79 using the TTG MarketWebs
SHOP Weekly & Daily chart
Shopify Inc. provides a cloud-based commerce platform. The Company offers a platform for merchants to create an omni-channel experience that helps showcase the merchant's brand. Shopify serves customers in Canada.(Bloomberg)
- suggested stop price $62 using the TTG MarketWebs
Remember, this is just one type of screen / setup that I focus on in my analysis!
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