TTG Index Charts & Out of the Box Stock Screen 7/24/23 $LOW $WM
Out of the Box MarketWebs Screen
US Dollar +0.1% / 30yr Bonds +0.5% / Crude +0.8% & Nat Gas +0.3% / Copper -0.1% / Cryptos are lower BTC -2.3%
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 capped by that last VPOC takeout at 4600 on the upside but has so far only pull back to it 5d MA (Moving Average) and that is something to watch in coming days (if price can stay above its 5d MA)
1hr chart: Price starts the week inside its Value Are and we have nice defined levels to watch, support 4561.5 and resistance 4600
QQQ - NDX 100 ETF - Daily chart: Price lost is 5d MA (Moving Average) last week as the QQQs were -0.9% last week. Next downside level to watch is the 20d MA and top of July Value Area $371.
1hr chart: Price starts the week below its Value Area for the week , level to watch for an upside turn is $377.21
IWM- Russell Small Cap ETF- Daily Chart: Price down to the 5d MA and will watch to see if that holds. Also, note that price was capped by its Yearly Value Area resistance $195.87 (not pictured, but a key upside level to watch)
1hr chart: Price starts the week just inside its Value Area, watch $194.3
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
LOW Weekly & Daily chart
Lowe`s Companies, Inc. operates as a home improvement store. The Company offers tools, appliances, building supplies, carpet, bathroom, and lighting products. Lowe`s serves customers in the United States.(Bloomberg)
-suggested stop price $228 the TTG MarketWebs
WM Weekly & Daily chart
Waste Management, Inc. provides waste management services including collection, transfer, recycling, resource recovery, and disposal services, and operates waste-to-energy facilities. The Company serves municipal, commercial, industrial, and residential customers throughout North America. (Bloomberg)
-suggested stop price $165 the TTG MarketWebs
Remember, this is just one type of screen / setup that I focus on in my analysis!
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