TTG Index Charts & Out of the Box Stock Screen 11/6/23 $NTES
Out of the Box MarketWebs Screen
US Dollar flat / 30yr Bonds -0.4% / Crude +1.1% & Nat Gas -4.9% / Gold -0.3% / Copper +0.8% / Cryptos are higher BTC +1.6%
US Upcoming Economics
US Bond Yields
TTG Weekend Macro 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.
SPY - S&P ETF - Daily chart: Bullish 80% rule is now complete as price passed through the Nov Value Area and resistance is $435.67
1hr chart: Price starts just inside the new Value Area for the week, a real nice level to watch for upside continuation --> $436.29 top of Value Area
QQQ - NDX 100 ETF - Daily chart: Price closing in on the top of Nov Value Area, resistance to watch $369.95 , note next level to watch is $373.66 VPOC
1hr chart: Price starts the week above its new Value Area for the week , support down at $360.84 and note on Friday took out a 1hr VPOC (red line)
IWM- Russell Small Cap ETF- Daily Chart: Price getting closer to that top of Nov Value Area resistance $176.94 and 50d MA
1hr chart: Price starts the week above its new Value Area for the week, support down at $168.89 and next upside VPOC is $176.16 (red line)
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)
Charts
NTES Weekly & Daily chart
NetEase, Inc. operates as an leading internet technology company providing online services including content, community, communication, and commerce. The Company develops and operates online games, electronic commerce, internet media, innovative business, and other businesses. NetEase expands its businesses to Japan, North American, and other other international markets.(Bloomberg)
-suggested stop price $109 using the TTG MarketWebs & 1st upside price target $119 VPOC (red line)
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