TTG Index Charts & Out of the Box Stock Screen 11/1/23 $RRC
Out of the Box MarketWebs Screen
US Dollar +0.2% / 30yr Bonds -0.3% / Crude +2% & Nat Gas -3.2% / Gold -0.1% / Copper +0.2% / Cryptos are slightly lower, BTC -0.4%
US Upcoming 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.
SPY - S&P ETF - Daily chart: Price -0.3% ahead of a decent amount of reports today, i.e. Treasury Quarterly Budget Statement at 8:30am and FOMC at 2pm. SPY is working on a 2d oversold bounce, let's see if price can maintain above its 5d MA today
1hr chart: Price continuing to travel through its Value Area so far this week as the bullish 80% rule is in effect - support $412.37 / resistance $422.82
QQQ - NDX 100 ETF - Daily chart: Price ind -0.3% and similar to SPY will be interesting after a 2 day bounce whether price can maintain above its 5d MA.
1hr chart: Price inside its Value Area for the week , levels to watch below
IWM- Russell Small Cap ETF- Daily Chart: Price ind. -0.5% and trying to regain its 5d MA , note that lower VPOC still remains but its not mandatory it needs to be taken out
1hr chart: Price continues to hang around that bottom of this week's Value Area - after a few attempts to break into the Value Area it did make it yesterday, but this morning has given it back - watch $163.78 for direction
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)
Charts
RRC Weekly & Daily chart
Range Resources Corporation is an independent oil and gas company that explores, develops, and acquires oil and gas properties. The Company conducts operations primarily in the Southwestern, Appalachian, and Gulf Coast regions of the United States. (Bloomberg)
-suggested stop price $32 using the TTG MarketWebs & 1st upside target $37.61 VPOC (red line)
Sign up here to get access to 50% off your first month of the The Tribeca Trade Group, coupon code TTGNEW
Copyright © Tribeca Trade Group. All of the information in this newsletter is for entertainment and educational purposes only and is not to be construed as investment or trading advice. None of the information in this newsletter is guaranteed to be accurate, complete, useful or timely. IMPORTANT NOTICES AND DISCLAIMERS TriBeCa Trade Group is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of TriBeCa Trade Group are not acting as investment advisors and might not be registered with the U.S. Securities Authority