simple, readings above 70 & Below 32 .
wish you all the best.
wish you all the best.
I do more in depth studies of stocks on my twitter account. Hope you would enjoy it there as you are enjoying it here.
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
****** Past performance is no guarantee of future results***
twitter.com/samitrading1
The VWAP is entering into our 78 % safe trade zoon !!! I do not see our other
indicators confirming this safe zone. Just remember todays volume oscillator's
reading is the second lowest reading since 1950 !!!. Moreover , remember that
our VWAP is for all stock markets (NYSE,NAZD...) not just the SPX.
IN conclusion, we have 2 indicators supporting this trend
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Volume Weighted Average Price (VWAP) is a technical analysis tool used to measure the average price weighted by volume. VWAP is typically used with intraday charts as a way to determine the general direction of intraday prices. It's similar to a moving average in that when price is above VWAP, prices are rising and when price is below VWAP, prices are falling. VWAP is primarily used by technical analysts to identify market trend.