TTG Index Charts & Out of the Box Stock Screen 10/24/23
Out of the Box MarketWebs Screen
US Dollar +0.2% / 30yr Bonds -0.2% / Crude +0.2% & Nat Gas +0.5% / Copper -0.4% / Cryptos are up, BTC +1.3%
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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 giving back some of yesterday gains this morning and price remains below its short term MAs (Moving Averages) and is having difficulty getting over its 5d EMA - that would be a first step of a bounce / progress that the short term trend is changing & that remains to be seen. For now price is above the Oct lows and something to keep an eye on. The Weekly chart top of Value Area also is in focus and price is 4257.75 right at that level.
Weekly Chart
1hr chart: Price is between a lower VPOC and bottom of this week's Value Area, and a big distance between them.
QQQ - NDX 100 ETF - Daily chart: Price has bounced but so far has not been able to make it inside its Oct Value Area, the level to watch here is $359.91 bottom of Value.
1hr chart: Price also remains below its Value Area for the week, resistance $362.29
IWM- Russell Small Cap ETF- Daily Chart: Price bounced yesterday but is still below its 5d EMA. Note lower VPOC at $161.10
1hr chart: Price below its Value Area for week & so far holding S1 ($165.25 support) extension away from its Value Area
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
LOGI Weekly & Daily chart
Logitech International S.A. manufactures electronics. The Company offers keyboards, mobile devices, video conferencing, mouse, and headsets, as well as provides delivery services. Logitech International serves customers in Switzerland. (Bloomberg)
-suggested stop price $69 using the TTG MarketWebs & upside target $140.47 VPOC (red line)
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