The market rode the VWAP Line most of the afternoon, and then broke to the upside after the close of the energy market. The Point of Control is 1134, but there is also a volume surge that occured at 1137.50. The market is about 10 handles from the year's high.
Charles
Cant get why your VWAP (I guess blue line) is divergent from mine.
ReplyDeleteHere's yours on friday and mine.
While the day before ours VWAPs almost the same: yours - mine.
Not sure.
ReplyDeleteI do play around with the charts from day to day. I was using the Midas average rather than the VWAP Line. They are almost the same line. The Midas Average does utilize volume, while the VWAP calculation does. There is a slight difference between the two lines, but not much.
Charles