US Dollar -0.2% / 30yr Bonds +0.3% / Crude +0.7% & Nat Gas -0.4% / Gold +0.1% / Copper +0.3% / Cryptos are lower BTC -2.5%
US Upcoming Economics
US Bond Yields
TTG End of Day Market 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.
SPY - S&P ETF - Daily chart: Big moves this week! The S&P is up ~ 5% so far this week and is now firmly inside the Nov Value Area with the #bullish 80% rule in effect, resistance $435.67
1hr chart: Price decently above this week's Value Area, next upside VPOC @ $435.64
QQQ - NDX 100 ETF - Daily chart: Price has rallied up to its 50d MA which would be nice to see price get back above as there are always a lot of eyes on the 50d & 200d MAs. Note the #bullish 80% rule is in effect, aiming for a move up to $369.95
1hr chart: Price above its Value Area for week, next upside level to watch is $366.69 VPOC
IWM- Russell Small Cap ETF- Daily Chart: Price ind +0.4% & now inside it Nov Value Area, support to watch $167.74
1hr chart: Price above Value Area for the week, next upside VPOC @ $171.81
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
IBM Weekly & Daily chart
International Business Machines Corporation (IBM) provides computer solutions. The Company offers application, technology consulting and support, process design and operations, cloud, digital workplace, and network services, as well as business resiliency, strategy, and design solutions. IBM serves clients worldwide. (Bloomberg)
-suggested stop price $144 using the TTG MarketWebs
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