TTG Index Charts & Out of the Box Stock Screen 10/12/23 $DT
Out of the Box MarketWebs Screen
US Dollar -0.1% / 30yr Bonds +0.6% / Crude +1.3% & Nat Gas -1.7% / Copper flat / Cryptos are higher +0.2%
US Economics
US Bond Yields
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: After a little price digestion yesterday, prices are continue to move higher & through the Oct Value Area , support is 4373.5 bottom of Value. Next area to watch above is the 50d MA
1hr chart: Price is above its Value Area for the week, support is 4311 top of Value
QQQ - NDX 100 ETF - Daily chart: Price continuing to make its way through the Oct Value Area & the the Bullish 80% rule is in effect as long as price stays above $359.88 (the Bullish 80% rule is when price enters a Value Area for the first time, price has an 80% chance to travel through the whole Value Area)
1hr chart: Price has taken out another VPOC (red line) this morning & that is 2 out of 3 of them that are bunched up, the next one $374.39 and could be an area for some digestion once that 3rd VPOC is taken out
IWM- Russell Small Cap ETF- Daily Chart: Price getting closer to the Oct Value Area and resistance at $178.09
1hr chart: Price consolidating around that last 1hr VPOC take out (red line)
Here is today’s TTG Proprietary Stock Screen “Out of the Box” using Volume At Price
Charts
DT Weekly & Daily chart
Dynatrace, Inc. operates as a holding company. The Company, through its subsidiaries, develops software intelligence platform for the enterprise cloud. Dynatrace offers software intelligence platform to allow customers to modernize and automate IT operations, develop and release high quality software faster, and improve user experiences for better business outcomes.(Bloomberg)
-suggested stop price $48 using the TTG MarketWebs
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