TTG Index Charts & Out of the Box Stock Screen 5/23/23 $DV $LTH $TTD
Out of the Box MarketWebs Screen
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 above value for the month but staying quiet.. support remains 4173.5 top of value. Note yields and the dollar higher this morning which is keeping equity prices in check.
US Dollar +0.3% / 30yr Bonds -0.3% / Crude +1.5% & Nat Gas -0.9% Copper -1.5% / Cryptos are higher this morning, BTC +2%
1hr chart: Price moving down this morning a bit -0.3%, but still above this week's Value Area, watch 4183.5 support
QQQ - NDX - Daily Chart: Not much change from yesterday... next area of resistance is the upside VPOC at $341.09, price is a bit extended with the RSI 72 indicating short term overbought
1hr chart: Price remains above its Value Area for the week, watch $336.18 support
IWM- Russell Small Cap ETF- Daily Chart: Small Caps had a big day yesterday +1.2%, let's see if we get some follow thru, the level to watch here is $179.1 top of May Value Area
1hr chart: Support to watch for week $177.83
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
DV Weekly & Daily chart
DoubleVerify Holdings, Inc. operates as a holding company. The Company, through its subsidiaries, provides software platform for digital media measurement and analytics. DoubleVerify Holdings serves customers worldwide. (Bloomberg)
-suggested stop price $30.5 & upside target $34 using the TTG MarketWebs
LTH Weekly and Daily chart
Life Time Group Holdings, Inc. operates as a holding company. The Company, through its subsidiaries, owns and manages fitness and recreational sports centers. Life. (Bloomberg)
-suggested stop price $19 from the TTG MarketWebs
-watch for a break out of bull pennant
TTD Weekly and Daily chart
The Trade Desk, Inc. operates as an advertising technology company. The Company offers online advertising platform that manages display, social, mobile, and video advertising campaigns. (Bloomberg)
-suggested stop price $66 from the TTG MarketWebs
Remember, this is just one type of screen / setup that I focus on in my analysis!
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So do you think TTD gets drawn to the yearly VPOC?