TTG Index Charts & Out of the Box Stock Screen 9/5/23
Out of the Box MarketWebs Screen
US Dollar +0.5% / 30yr Bonds -0.6% / Crude -0.3% & Nat Gas -5.7% / Copper -0.7% / Cryptos are slightly higher BTC +0.2%
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: Price consolidating just inside the Sept Value Area, the first level of resistance to watch is 4543.75. Note, the US Dollar is super strong this morning +0.5% and yields are also decently higher TNX +1.3% which indicates “risk off” this morning in Equities.
1hr chart: Price starts the week inside its new Value Area for the week. Levels to watch are 4545.5 top of Value resistance and 4463.5 bottom of Value support
QQQ - NDX 100 ETF - Daily chart: Price is just above its Sept Value Area, 1st level of support to watch is $375.3
1hr chart: Price starts the week inside its new Value Area, with resistance $380.59 & support $370.49
IWM- Russell Small Cap ETF- Daily Chart: Small Caps are underperforming this morning, IWM ind -0.8%. Price is inside its Sept Value Area , resistance is $191.57
1hr chart: Price starts the week inside its new Value Area, with resistance $191.67 & support $187.4
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
BP Weekly & Daily chart
BP P.L.C is an energy company. The Company explores and produces oil and natural gas, refines, markets, and supplies petroleum products, as well as generates solar energy, and manufactures and markets chemicals such as terephthalic acid, acetic acid, acrylonitrile, ethylene, and polyethylene. BP serves customers worldwide. (Bloomberg)
-suggested stop price $36 using the TTG MarketWebs
FROG Weekly & Daily chart
JFrog Ltd operates as a software development company. The Company provides technologies and tools for the everyday use and to increase the effectiveness. JFrog serves customers worldwide.(Bloomberg)
-suggested stop price $28 using the TTG MarketWebs.
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