US Dollar -0.8% / 30yr Bonds +1.3% / Crude +0.5% & Nat Gas -2.1% / Gold +0.4% / Copper +0.3% / Cryptos are higher BTC +2.2%
US Upcoming Economics
US Bond Yields
TTG End of Day Market 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: Price now back inside its Nov Value Area, support to watch $420.05 and overhead 200d MA is next upside area to watch. Note, big move lower in Dollar & Rates this morning which is more of a “Risk on” environment.
1hr chart: Impressive move so far this week and now price is above the Value Area for the week , support to watch $422.8
QQQ - NDX 100 ETF - Daily chart: Price ind +1.1% and moving into the Nov Value Area which is a positive development.
1hr chart: Price has rallied through & above its Value Area for the week, support to watch $355.92 and upside VPOC $366.69
IWM- Russell Small Cap ETF- Daily Chart: Price ind. +1.2% and will have a decent test to day at the bottom of the Nov Value Area, watch $167.74
1hr chart: Similar to the S&P & QQQ price has rallied decently here and now above its Value Area for the week , support to watch is $166.89
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
V Weekly & Daily chart
Visa Inc. operates a retail electronic payments network and manages global financial services. The Company also offers global commerce through the transfer of value and information among financial institutions, merchants, consumers, businesses, and government entities. (Bloomberg)
-suggested stop price $236 using the TTG MarketWebs & 1st upside target $246.47 VPOC (red line)
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