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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.
Reminder today is Quadruple Witching, here is a short video on what to expect on these days:
ES_F - SPX Futures - Price slightly higher ahead of quad witching - a reminder that there will be heavy volume at open and index futures expire and on the close for S&P / Nasdaq qly index rebalancing. Price remains in the uptrend channel
1hr chart: Price is back inside its Value Area for the week , watch 5231.5 top of Value
QQQ - NDX 100 ETF - Daily chart: Price closed just above its Value Area for March. Level to watch here is $439.06 and next 20d MA
1hr chart: After testing the top of Value Area resistance price now right around bottom of Value, support to watch is $436.87 - price has been range bound all week
IWM - Russell Small Cap ETF- Price fell down to the top of March Value Area (IWM -1.8%) and bounced a bit , watch to see if price can hold support $200.79
1hr chart: Price broke below its Value Area for the week , resistance is up at $204.75 and lower VPOC to watch $199.02
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)
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