Tuesday, April 28, 2009

End of Day Review 04/28/09




Didn't trade today, but my technical problems with my internet connection has been resolved. Will be back to normal tomorrow.
The market did stay above its VWAP most of the day. The Financials, for a change, mirrored the broad market action. The one notable divergence was between the Discretionary Stocks and the broad market at around 1440 ET.
The market is statistically bullish the last four trading days of April and the first three trading days of May. However, the market still has not traded past the 872 resistance.
Charles
Posted by at

3 comments:

  1. Double KApril 28, 2009 at 11:28 PM

    What trading platform do you use? I'm interested in knowing if you know of any other platforms that offer VWAP on futures.

    I know that BestFreeCharts.com does offer it, but only for equities.

    ReplyDelete
  2. Charles A PennisonApril 29, 2009 at 5:25 AM

    Hi Double K,

    I'm using TradeStation. The VWAP Line that I'm using is an indicator that I made using TradeStation's EasyLanguage capability.

    I think that Esignal has an VWAP indicator. I do not know of any other chart service that provides it.

    Charles

    ReplyDelete
  3. Double KApril 29, 2009 at 9:24 AM

    Thanks for the info! Keep up the great analysis on this blog.

    ReplyDelete

Subscribe to: Post Comments (Atom)