TTG Index Charts & Out of the Box Stock Screen 10/16/23 $COP
Out of the Box MarketWebs Screen
US Dollar -0.2% / 30yr Bonds -1.1% / Crude +0.2% & Nat Gas -2.4% / Copper +0.5% / Cryptos are higher +3.8%
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.
$ES_F - S&P futures - Daily chart: Price hanging out right around its bottom of Oct Value Area, continue to watch 4369.75 and lower support is the 200d MA
1hr chart: Price starts the week just inside its new Value Area for the week, support 4357 and resistance 4413.25
QQQ - NDX 100 ETF - Daily chart: Price flat this morning and after last week's price action it looks like the QQQs are stalling at a trend line and for now are making a lower higher. Let's see if a test back down to the shorter term MAs (Moving Averages) 5, 20d provide a little support. If not, next support is $359.78 bottom of the Oct Value Area
1hr chart: Price starts the week just inside its new Value Area for the week , watch $365.56 for some direction
IWM- Russell Small Cap ETF- Daily Chart: Price rejected at overhead 20d MA and Oct Value Area and is now testing the Oct lows
1hr chart: Price starts the week below its new Value Area for the week, resistance $172.02
Here is today’s TTG Proprietary Stock Screen “Out of the Box” using Volume At Price
a very low number of names trending above their Value Areas (on 3 multiple timeframes)
Charts
COP Weekly & Daily chart
ConocoPhillips explores for, produces, transports, and markets crude oil, natural gas, natural gas liquids, liquefied natural gas, and bitumen on a worldwide basis.
ConocoPhillips is an independent E&P company headquartered in Houston, Texas with operations and activities in 13 countries. ConocoPhillips was incorporated in the state of Delaware in 2001. The company's diverse, low cost of supply portfolio includes resource-rich unconventional plays in North America; conventional assets in North America, Europe, and Asia; LNG developments; oil sands assets in Canada; and an inventory of global conventional and unconventional exploration prospects. ConocoPhillips has proved reserves of 2.0 billion barrels of oil equivalent. It generates most of its sales in the US (over 75%). (Bloomberg)
-suggested stop price $123 using the TTG MarketWebs
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