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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 & VPOCs which indicate significant support & resistance levels. Learn More Here about Volume At Price and the MarketWebs.
ES_F - SPX Futures - Daily chart: Prices continuing to bounce this morning +0.3% and price held support yesterday, 5245.5 top of Apr Value Area and 20d MA - these are the levels I want to continue to watch. Note, price has not reclaimed its short -term 5d MA, something to watch for upside continuation
1hr chart: Price back inside its Value Area for the week, levels to watch below
QQQ - NDX 100 ETF - Daily chart: Price ind. +0.4% and will be testing top of its Apr Value Area, watch $444.57 resistance
1hr chart: Price is now back inside its Value Area after a nice reversal on the lower VPOC on Monday , support to watch $443.65 & resistance $445.98
IWM - Russell Small Cap ETF- Price outperformed yesterday (IWM +0.7%) and pie held where it needed to at bottom of Value support $202.05
1hr chart: Price also reclaimed its Value Area for week , watch $205.46 support. Also, note there has not been much of a bond recovery so I view the IWM move yesterday more of a bounce vs sustained move higher
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)
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