TTG Index Charts & Out of the Box Stock Screen 8/30/23 $APH $GOOGL
Out of the Box MarketWebs Screen
US Dollar flat / 30yr Bonds -0.3%/ Crude +0.6% & Nat Gas +1.7% / Copper -0.3% / Cryptos are lower BTC -1.8%
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: Big moves yesterday and price for the S&P is now back into the August Value Area and above all its MAs (Moving Averages). Support is now 4487.75 bottom of the August Value Area.
1hr chart: Price is consolidating after taking out a VPOC (red line) @ 4505. Note is price can continue to trend, there is another VPOC @ 4539.5
QQQ - NDX 100 ETF - Daily chart: After yesterday's rally, price is right at the bottom of the August Value Area, watch $375.04 resistance. Also notable is price is back above all short term MAs.
1hr chart: Price is consolidating this morning at last week's highs
IWM- Russell Small Cap ETF- Daily Chart: Price has rallied nicely off its 200d MA following last Friday's reversal. Now, resistance is starting to come into the picture at $189.81 bottom of its August Value Area
1hr chart: Price is consolidating this morning after taking out at 1hr VPOC
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
APH Weekly & Daily chart
Amphenol Corporation designs, manufactures, and markets electrical, electronic and fiber optic connectors, interconnect systems, and coaxial and flat-ribbon cable. The Company's products are used in a variety of industries, including telephone, wireless, and data communications systems, cable television systems, and commercial and military aerospace electronics. (Bloomberg)
-suggested stop price $85 using the TTG MarketWebs.
GOOGL Weekly & Daily chart
Alphabet Inc. operates as a holding company. The Company, through its subsidiaries, provides web-based search, advertisements, maps, software applications, mobile operating systems, consumer content, enterprise solutions, commerce, and hardware products.(Bloomberg)
-suggested stop price $126 using the TTG MarketWebs & first upside price target $141.8. GOOGL has held up well during the month of Aug vs the overall market which I view as a good sign (see third chart)
GOOGL vs SPY
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