US Dollar -0.2% / 30yr Bonds -0.6%/ Crude -1.3% & Nat Gas -1.8% / Copper -1.5% / Cryptos are ~ flat
Upcoming 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 giving back yesterday's gains in the premarket on the back of weaker than expected China data and higher US yields. Price is breaking back below the Aug Value Area and below the 50d MA
1hr chart: Price back below this week's Value Area, bottom of value is 4481.25
QQQ - NDX 100 ETF - Daily chart: Price moving back below its 50d MA & remains below its Aug Value Area (note price is not updated here for pre market activity)
1hr chart: Price down to its bottom of Value Area for the week, watch $367.5 support
IWM- Russell Small Cap ETF- Daily Chart: Price back below its Value Area (price not updated for pre market activity
1hr chart: Price is below its Value Area for the week and testing yesterday's lows. Also, note the short term pattern of lower highs and lower lows.
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
OPCH Weekly & Daily chart
Option Care Health, Inc. provides infusion and home care management solutions. The Company offers products, services, and condition-specific clinical management programs for gastrointestinal abnormalities, infectious diseases, cancer, organ and blood cell transplants, bleeding disorders, and heart failures. Option Care Health serves patients in the United States. (Bloomberg)
-suggested stop price $33 using the TTG MarketWebs
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