TTG Index Charts & Out of the Box Stock Screen 9/29/23 $LNG
Out of the Box MarketWebs Screen
US Dollar -0.3% / 30yr Bonds +0.5% / Crude +1.4% & Nat Gas +0.6% / Copper +1.3% / Cryptos are lower BTC -0.9%
S&P options are implying a 80 bps move for today
Upcoming US Economics
US Bond Yields
- Yields higher on the long end of the curve this morning
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 holding above its 200d MA & trying to climb above its 5d MA (Moving Average) which would be a good sign of upside continuation. A big question for me is where we will start the new month , will price be inside its new Oct Value Area or below? Inside and there will be less resistance to deal and a better sign in my opinion.
1hr chart: Price now above some of those short term MAs which is a good sign that the short term trend is changing.
QQQ - NDX 100 ETF - Daily chart: Price back above the Aug lows and at its 5d MA which will be interesting to see if price reclaims the short term MA
1hr chart: Nice level to watch here which is the bottom of this week's Value Area, $360.42
IWM- Russell Small Cap ETF- Daily Chart: Nice reversal off that VPOC (red line) take out and price has regained its 5d MA
1hr chart: Price has some continuation inside its Value Area for the week, support $176.56. Note IWM made it inside its Value Area while SPY / QQQ has not (yet)
Here is today’s TTG Proprietary Stock Screen “Out of the Box” using Volume At Price
Charts
LNG Weekly & Daily chart
Cheniere Energy, Inc. is an energy company focused on LNG-related businesses. The Company owns and operates liquefied natural gas (LNG) receiving terminals and liquefied natural gas (LNG) pipelines. Cheniere Energy manages and operates projects in Louisiana and Texas.(Bloomberg)
-suggested stop price $165 using the TTG MarketWebs
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