TTG Index Charts & Out of the Box Stock Screen 01/09/24 $MRVL $GE
Out of the Box MarketWebs Screen
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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.
SPY- S&P ETF - Price ind -0.4% this morning after a big rally day yesterday. Important development yesterday was that price retook its short term MAs (Moving Averages) both the 5d and 20d. Note top of Jan Value rea resistance is $477.4
1hr chart: Price rallied above its Value Area for the week and now an upside VPOC (red line) to watch is $475.55 and support is $471.31
QQQ - NDX 100 ETF - Daily chart: Similar to the S&P price regained its short term MAs yesterday and remains inside its Value Area for the month of Jan.
1hr chart: Price ind -0.5% this morning and support now to watch is this week's top of Value Area, $401.3
IWM - Russell Small Cap ETF- Daily Chart: Price ind -1% this morning and will be watching to see if price can maintain above those short term MAs. Also, note that gap was filled from 12/14
1hr chart: Different the SPX & QQQ, price is inside its Value Area for the week indicating some relative weakness , resistance $197.55 & support $191.44
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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