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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.
ES_F - SPX Futures - Price bouncing this morning ind. +0.4% and tested the 20d MA (Moving Average) yesterday. Today (and for the rest of the week I am watching to see if price can hold the 20d MA and perhaps retakes its 5d MA
1hr chart: Price took out a lower VPOC (Blue Line) and reversed back into its Value Area for week, which is a positive development. Support to watch is 4968.5
QQQ - NDX 100 ETF - Daily chart: Price ind. +0.6% and held its 20d MA yesterday. In the coming days I am watching both the 20d MA and top of Feb Value Area, $423.5
1hr chart: Price is inside its Value Area for week after the bearish 80% rule played out , levels to watch below
IWM - Russell Small Cap ETF- Price ind +1.3% and outperforming. Note , yesterday price found support at its 50d MA and bottom of Feb Value Area, support to watch $192.5
1hr chart: Price dipped into its Value Area yesterday, and now back above , support to watch $194.7
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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