TTG Index Charts & Out of the Box Stock Screen 9/6/23
Out of the Box MarketWebs Screen
US Dollar -0.1% / 30yr Bonds +0.3%/ Crude -0.2% & Nat Gas -0.2% / Copper -0.8% / Cryptos are ~ flat
US Economics
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 now looking like more of a rejection at the top of the Value Area back on 9/1 and that resistance level to watch is 4543.75. I am also watching those short term MAs (Moving Averages) as the 5d, 20d, and 50d MA are all converging. Let's see if price can stay above those MAs this week.
1hr chart: Price making its way down through this week's Value Area. Watch the 200 period MA for possible support as well as 4463.25 bottom of this week’s Value Area
QQQ - NDX 100 ETF - Daily chart: Some Relative Strength in the QQQs this month with price currently above its Sept Value Area, 1st support level to watch is $375.3. Also, note price is above all its short term MAs
1hr chart: Price remains inside its Value Area for the week
IWM- Russell Small Cap ETF- Daily Chart: Big selloff in Small Caps yesterday with IWM -2.1%. Price is below all the short term MAs and inside its Sept Value Area
1hr chart: Price now below its Value Area for the week, resistance level to watch is $187.42
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
ACN Weekly & Daily chart
Accenture PLC provides management and technology consulting services and solutions. The Company delivers a range of specialized capabilities and solutions to clients across all industries on a worldwide basis. Accenture operates a network of businesses provides consulting, technology, outsourcing, and alliances.(Bloomberg)
-suggested stop price $318 using the TTG MarketWebs
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