TTG Index Charts & Out of the Box Stock Screen 10/19/23 $CHKP
Out of the Box MarketWebs Screen
US Dollar -0.1% / 30yr Bonds -0.8% / Crude -0.7% & Nat Gas -1.5% / Copper +0.5% / Cryptos are higher BTC +1.0%
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US Bond Yields
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: Some developments after yesterday's price action - price has decently broken back below its Oct Value Area & is now testing that 200d MA. With price back below 4373.75 that tells me to take more of a defensive stance until price can retake that level
1hr chart: Price is also below its Value Area for the week which is also a bearish signal, watch 4357 now resistance
QQQ - NDX 100 ETF - Daily chart: Price back below its short term MAs (Moving Averages) including the 50d MA. Support level to watch is $359.91 and note price making lower highs
1hr chart: Price fell below its Value Area for the week yesterday , resistance level to now watch is $365.56
IWM- Russell Small Cap ETF- Daily Chart: Some big moves in Small Caps on a day to day basis. Yesterday, IWM fell 2.1% and got rejected at its 20d MA
1hr chart: Similar to the S&P & QQQ, price also fell below its Value Area for the week , watch $172.02
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)
Charts
CHKP Weekly & Daily chart
Tenaris S.A. manufactures seamless steel pipe products. The Company also provides pipe handling, stocking, and distribution services to the oil and gas, energy, and mechanical industries. Tenaris supplies welded steel pipes for gas pipelines worldwide. (Bloomberg)
-suggested stop price $134 using the TTG MarketWebs & upside target $140.47 VPOC (red line)
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