TTG Index Charts & Out of the Box Stock Screen 12/6/23 $FROG
Out of the Box MarketWebs Screen
US Dollar flat / 30yr Bonds -0.2% / Crude -0.8% & Nat Gas +0.8% / Gold +0.4% / Copper+0.8% / Cryptos are higher BTC +0.8%
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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.
SPY- S&P ETF - Daily chart: Price continues to consolidate just inside of the Dec Value Area. Resistance to watch us $458.32. Could the price action be waiting for Friday's job data to move out of the range? Perhaps.
1hr chart: A positive development here, price was able to get above its Value Area for the week, watch $456.4 support.
QQQ - NDX 100 ETF - Daily chart: Price remains inside its Dec Value Area, tested its 20d MA and is holding. Now, let's see if price can reclaim its 5d MA - that would be a good sign for the QQQs
1hr chart: Also notable, price is just inside its Value Area for the week , watch $387.98
IWM- Russell Small Cap ETF- Daily Chart: Price lagged yesterday, -1.3% and is checking back to that VPOC (red line) where high volume previously occurred. Despite the selloff in Small Caps yesterday, price remains above its 5d MA and the Dec Value Area
1hr chart: Price is above the week's Value Area and back to the VPOC take out
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
FROG Weekly & Daily chart
JFrog Ltd operates as a software development company. The Company provides technologies and tools for the everyday use and to increase the effectiveness. JFrog serves customers worldwide.(Bloomberg)
- suggested stop price using the TTG MarketWebs $27
- FROG saw a small Jan 30s call buyer yesterday (749 contracts)
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