TTG Index Charts & Out of the Box Stock Screen 8/7/23 TLT CBOE
Out of the Box MarketWebs Screen
US Dollar +0.2% / 30yr Bonds -0.6% / Crude -0.6% & Nat Gas +2.6% / Copper -0.3% / Cryptos are slightly higher BTC +0.2%
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: Price bouncing a little this morning after falling down to the bottom of the August Value Area, watch 4488.75, next area to watch if price breaks support is the 50d MA. Also, note that price is below its short term 5& 20d MAs (Moving Averages)
1hr chart: Price starts the week inside its Value Area, support 4502.25
QQQ - NDX 100 ETF - Daily chart: Price broke below its August Value Area on Friday and if price cannot reclaim $374.63 then the next support to watch is the 50d MA and lower VPOC (red line) at $363.95
1hr chart: Price starts the week inside its Value Area, levels to watch below
IWM- Russell Small Cap ETF- Daily Chart: Unlike S&P and QQQ, price for the IWM ETF is holding above its 20d MA and that will be interesting to see if that can hold this week. If price breaks its 20d MA, next area of support $189.81
1hr chart: Price starts the week inside inside its Value Area for the week, levels to watch below
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
TLT 20+ Year Treasury Bond ETF Weekly chart
I am watching for price to hold its yearly Value Area support $93.42 and a potential bounce. Note if support does not hold, I believe this will be a more difficult environment for stocks.
CBOE Weekly & Daily chart
Cboe Global Markets, Inc. operates as a exchange holding company. The Company, through its subsidiaries, operates a financial options trading platform that provides cutting-edge trading and investment solutions includes equities, foreign exchange, indices, data and analytics, and trade reporting solutions. Cboe Global Markets serves customers worldwide. (Bloomberg)
-suggested stop price $143 the TTG MarketWebs
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