TTG Index Charts & Out of the Box Stock Screen 9/1/23 $HD $NUE
Out of the Box MarketWebs Screen
US Dollar -0.2% / 30yr Bonds -0.2%/ Crude +1.4% & Nat Gas +1.5% / Copper +2.2% / Cryptos are lower BTC -0.5%
US Economics
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: New Value Area for the month of September! Price opens up the new month just inside the Value Area, resistance level to watch is 4544.5 and this is a great level to watch for upside continuation. Note also an upside VPOC is there @ 4579.25
1hr chart: After short term consolidation yesterday, price isnow above that last VPOC and and an area to watch to see if price can stay above
QQQ - NDX 100 ETF - Daily chart: Price starts the new month above its Sept Value Area, $375.3 is top if Value support
1hr chart: Price continuing to trend +
IWM- Russell Small Cap ETF- Daily Chart: Price opens up the new month inside its Sept Value Area , resistance is $191.5 and the 50d MA
1hr chart: Upside VPOC $191.04 next area of resistance to watch
Here is today’s TTG Proprietary Stock Screen “Out of the Box” using Volume At Price
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
HD Weekly & Daily chart
The Home Depot, Inc. is a home improvement retailer. The Company offers wide range of building materials, home improvement, lawn, and garden products, as well as provides DYI ideas, installation, repair, and other services. Home Depot serves customers worldwide.(Bloomberg)
-suggested stop price $319 using the TTG MarketWebs.
NUE Weekly & Daily chart
Nucor Corporation manufactures steel products. The Company's products include carbon and alloy steel, steel joints, steel deck, cold finished steel, steel grinding balls, steel bearing products, and metal building systems. Nucor also brokers ferrous and nonferrous metals, pig iron, HBI, and DRI, supplies ferro-alloys, processes ferrous, and nonferrous scrap. (Bloomberg)
-suggested stop price $170 using the TTG MarketWebs
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