Posted by philosoraptor on 24th of Aug 2011 at 01:50 pm
Also, after a strong day in one direction like yesterday, price
often chops around the next - consider the intraday VWAP
(cyan/magenta dots) today. Yesterday, the bulls were in total
control with price remaining above the intraday VWAP all day -
today price is oscillating around the VWAP - neither side has
managed to gain 'control' yet...
Also, after a strong day
$SPX 60
Posted by philosoraptor on 24th of Aug 2011 at 01:50 pm
Also, after a strong day in one direction like yesterday, price often chops around the next - consider the intraday VWAP (cyan/magenta dots) today. Yesterday, the bulls were in total control with price remaining above the intraday VWAP all day - today price is oscillating around the VWAP - neither side has managed to gain 'control' yet...
philosoraptor - re: choppiness
Posted by chas on 24th of Aug 2011 at 02:05 pm
Yesterday someone said the same thing. Maybe it was you. I like that. I'll make a note of that.