Posted by philosoraptor on 21st of Sep 2011 at 01:57 pm
The 'powers-that-be' have kept price below the intraday VWAP
(sloping magenta dots) since the volatile opening few minutes -
don't be surprised to see a breakout above VWAP around the Fed
announcement - however, if so, will it be breakout or fakeout?
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
VWAP
SPX 5 min
Posted by philosoraptor on 21st of Sep 2011 at 01:57 pm
The 'powers-that-be' have kept price below the intraday VWAP (sloping magenta dots) since the volatile opening few minutes - don't be surprised to see a breakout above VWAP around the Fed announcement - however, if so, will it be breakout or fakeout?