TTG Index Charts & Out of the Box Stock Screen 6/15/23 $FTNT $TSM
Out of the Box MarketWebs Screen
Market Recap Video 6/14
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.
US Dollar +0.3% / 30yr Bonds -0.4% / Crude +1.0% & Nat Gas +3.2% Copper -0.2% / Cryptos are lower BTC -3.6% ETH -5.2%
$ES_F - S&P futures - Daily & 1hr chart: Prices slipping this morning a bit after yesterday's Fed meeting. Note we have ECB and Retail Sales + Weekly Initial Jobless Claims, etc in the US this morning. For now, price is still holding about its 5d EMA (Exp Moving Average) & decently above its Value Area for the week (1hr chart)
$NQ_F - NDX - Daily & 1hr chart: Prices down -0.7% this morning but just pushing back down to its 5d EMA, short term trend has not been broken as of now & price still above its Value Area for week (2nd chart)
IWM- Russell Small Cap ETF- Daily & 1hr Chart: Most interesting in my opinion yesterday was the price action in the Small Caps yesterday... that is a bearish engulfing candle (reversal) , but still above those short term Moving Averages & something to watch. Price is inside Value for the week
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
FTNT Weekly & Daily chart
Fortinet, Inc. provides network security solutions. The Company offers network security appliances, software, and subscription services. Fortinet systems integrate the industry's broadest suite of security technologies, including firewall, VPN, antivirus, intrusion prevention (IPS), web filtering, antispam, and traffic shaping.
-suggested stop price $68 using the TTG MarketWebs
TSM Weekly & Daily chart
Taiwan Semiconductor Manufacturing Company, Ltd. manufactures and markets integrated circuits. The Company provides the following services: wafer manufacturing, wafer probing, assembly and testing, mask production, and design services. TSMC's ICs are used in computer, communication, consumer electronics, automotive, and industrial equipment industries. (Bloomberg)
- suggested stop price $100 using the TTG MarketWebs
Remember, this is just one type of screen / setup that I focus on in my analysis!
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