TTG Index Charts & Out of the Box Stock Screen 5/25/23 $CRWD $CRM
Out of the Box MarketWebs Screen
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 in the middle of the May Value Area after testing the bottom of value & 50d MA
US Dollar +0.1% / 30yr Bonds -0.3% / Crude -1.9% & Nat Gas -2.5% Copper +0.9% / Cryptos slightly higher
1hr chart: Price held where it needed to for the week, and bounced at the bottom of value 4120. Note the bearish 80% rule played out yesterday.
QQQ - NDX - Daily Chart: Price +2% this morning on back of NVDA earnings and challenging recent highs
1hr chart: Price back above its Value Area for week
IWM- Russell Small Cap ETF- Daily Chart: Price really lagging here vs the other indices, -0.2% and down to its bottom of May Value Area, watch $174.32
1hr chart: Price remains inside its Value Area for week, levels to watch below
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
CRWD Weekly & Daily chart
CrowdStrike Holdings, Inc. provides cybersecurity products and services to stop breaches. The Company offers cloud-delivered protection across endpoints, cloud workloads, identity and data, and leading threat intelligence, managed security services, IT operations management, threat hunting, Zero Trust identity protection, and log management. CrowdStrike serves customers worldwide.(Bloomberg)
-a different setup here as CRWD is not quiet into its ‘23 Value Area (1st chart), and is reporting earnings 5/31. PANW had a strong earnings report & I am looking for CRWD to rally into the report
CRM Weekly & Daily chart
Salesforce, Inc. operates as a cloud-based software company. The Company develops customer relationship management software and applications focused on sales, customer service, marketing automation, analytics, and application development. Salesforce serves customers worldwide.
-suggested stop price $1197 using the TTG MarketWebs
Remember, this is just one type of screen / setup that I focus on in my analysis!
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