jayy

exponential VWAP -  Volume Weighted Exponential Moving Average 

AMEX:TNA   Direxion Small Cap Bull 3X Shares
Sometimes appears that price and therefore traders are reacting to the daily exponential VWAP (yellow and black banded line) as opposed to the regular daily VWAP (green line). Actually it is Volume Weighted Exponential Moving Average so perhaps it should be VWEAP.  jayy