TTG Index Charts & Out of the Box Stock Screen 7/6/23
Out of the Box MarketWebs Screen
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.
US Dollar -0.1% / 30yr Bonds -0.9% / Crude -0.8% & Nat Gas -0.8% Copper -0.9% / Cryptos mixed BTC +0.5%
Big Move in Bond Yield , the 2yr yields is > $5.1% and that move is spilling over to the VIX which is > 15 this morning
$ES_F - S&P futures - Daily chart: Prices sinking this morning as Yields climb following economics. Price moving further into the July Value Area and below its 5d MA , next support is 20d MA
1hr chart: Price moving closer to that top of this week's Value Area, watch 4435
$NQ_F - NDX 100 futures - Daily chart: Price moving further down into the July Value Area and towards 20d MA
1hr chart: Price breaching this week's Value Area, watch 15,200 (QQQ $366.12) & if that does not hold watch for a move through the Value Area…
RTY_F- Russell Small Cap futures- Daily Chart: Price sinking further into the July Value Area, next support 1851 (IWM $181.66) which lines up with its 200d MA
1hr chart: Price making its way through its Value Area for the week, the bearish 80% rule is in effect
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
MCD Weekly & Daily chart
McDonald's Corporation franchises and operates fast food chain. The Company offers various food products and soft drinks, and non alcoholic beverages. McDonald's serves customers worldwide.(Bloomberg)
-suggested stop price $254 the TTG MarketWebs
MSI Weekly & Daily chart
Motorola Solutions, Inc. is a data communications and telecommunications equipment provider. The Company develops data capture, wireless, infrastructure, bar code scanning, two-way radios, and wireless broadband networks. Motorola also produces public safety and government products, voice and data communications products and systems, and wireless LAN securities. (Bloomberg)
- suggested stop price $282 using the TTG MarketWebs
Remember, this is just one type of screen / setup that I focus on in my analysis!
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