TTG Index Charts & Out of the Box Stock Screen 10/11/23 $AKAM
Out of the Box MarketWebs Screen
US Dollar flat / 30yr Bonds +1.2% / Crude -0.8% & Nat Gas -1.0% / Copper -0.2% / Cryptos are lower BTC -0.6%
Upcoming US Economics
US Bond Yields
US Bond Yields decently lower
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 climbed into its Oct Value Area and the question I have for today is whether price can stay inside that Value Area. Regardless, have a nice place to be long and know where to pair back risk - at 4376.25 (SPY $431.29) as this has triggered the #bullish 80% rule for the month.
1hr chart: Price is above its Value Area for the week, support is 4311 top of Value
QQQ - NDX 100 ETF - Daily chart: Price making its way through the Oct Value Area & the the Bullish 80% rule is in effect as long as price stays above $359.88 (the Bullish 80% rule is when price enters a Value Area for the first time, price has an 80% chance to travel through the whole Value Area).
1hr chart: Price is trading above its Value Area for the week and there are a series of VPOCs above, the first one was taken out yesterday - so far, price is handling that overhead supply decently.
IWM- Russell Small Cap ETF- Daily Chart: Price has staged a nice rally off the lows earlier this month. Now, I am watching that overhead resistance as price stopped yesterday at its 20d MA and further there is resistance at $178.09, bottom of its Oct Value Area
1hr chart: Price took out a VPOC yesterday what was from last week's Value Area and has paused. Let's see if that VPOC caps the price for IWM this week
Here is today’s TTG Proprietary Stock Screen “Out of the Box” using Volume At Price
Charts
AKAM Weekly & Daily chart
Akamai Technologies, Inc. provides services for accelerating and improving the delivery of content and applications over the internet, ranging from live and on-demand streaming video capabilities to conventional content on websites, to tools that help people transact business and reach out to new and existing customers. (Bloomberg)
-suggested stop price $106.5 using the TTG MarketWebs & price targets $112.1 & $119.2 VPOCs (red line)
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