
At this juncture inward the day, xxx of the xl stocks that I follow inward my handbasket (five stocks from each of the 8 S&P sectors that I rail regularly) are trading inward a higher house their volume-weighted average prices. We're likewise seeing positive Cumulative TICK on the twenty-four hr menstruum too a positive Cumulative Delta. In a trending market, nosotros should sustain a sizable plurality of stocks inward a higher house or below VWAP too positively sloped Cumulative TICK too Delta. Very often, a narrowing of the departure betwixt the prices of stocks too their VWAPs volition indicate the agency toward a full general marketplace deed dorsum toward its VWAP--particularly if we're seeing similar erosion inward TICK too Delta readings.
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