US Dollar -0.2% / 30yr Bonds +0.6% / Crude -2.0% & Nat Gas +1.3% / Copper -0.2% / Cryptos are higher BTC +1.1%
S&P options are implying a 72 bps move for today
Upcoming US Economics
US Bond Yields
- Yields have reversed and are now softer this morning
Last night’s TTG Market Recap 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.
$ES_F - S&P futures - Daily chart: Price has taken out the lower VPOC / that is now realized & this is a logical place for a rebound using Volume At Price. Watch to see if price can remain above 4247.25
1hr chart: Price took out the lower VPOC yesterday and price has stabilized this morning. Resistance is 4308 bottom of this week's Value Area
QQQ - NDX 100 ETF - Daily chart: Price breaking lower below its Value Area this morning (keep in mind price is not updated for premkt activity on this chart), resistance is $359.78 bottom of Oct Value Area
1hr chart: Price is now back inside its Value Area for the week , support to watch $354.98 / resistance $359.93
IWM- Russell Small Cap ETF- Daily Chart: Clearly some relative weakness here in the Small Caps which is severely below last week's lows
1hr chart: Price deeply below this week's Value Area, resistance $175.49
Here is today’s TTG Proprietary Stock Screen “Out of the Box” using Volume At Price
no companies on today’s screen…
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