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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- S&P Futures - Price continues to hold above and grind above its 5d MA (Moving Average). Note PCE Deflator this morning at 8:30am, which has chance to shake things up a little. For now, continue to watch price and if can remain above its 5d MA , trending +
1hr chart: Not much new to report here, just whippy price action day to day but uptrend intact
QQQ - NDX 100 ETF - Daily chart: Price ind. -0.3%, let see of price can stay above that 5d MA today as price remains decently above its Jan Value Area
1hr chart: Price a little weak this morning on the back of INTC & KLAC earnings weakness , but still decently above its Value Area for the week
IWM - Russell Small Cap ETF- Price outperforming this morning, ind. +0.5% and after whippy price action this week , still managing to stay above its 5d MA and remains inside its Jan Value Area
1hr chart: Price sideways for the week after exploring the bottom & top of the range this week , still watching for a break one way or another.
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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