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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 - SPX Futures - Prices methodically obeying the uptrend channel - and back in the middle of the channel
1hr chart: Price ind. -0.3% this morning and starts the week inside is new Value Area for week, resistance 5303.5. Note prices have been trending a bit lower since the FOMC pop last week
QQQ - NDX 100 ETF - Daily chart: Price ind. -0.6% this morning and underperforming. Support down at $438.48
1hr chart: Price has slipped into its Value Area for the week which has triggered the 80% bearish rule - that rule would be cancelled if price can get back above $445.05
IWM - Russell Small Cap ETF- Price ind. -0.1% so outperforming the other indices slightly. Note price was not able to get above the 3/8 highs and something to keep an eye on.
1hr chart: Price starts the week inside its Value Area, resistance up at $206.27
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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