We run into gain dynamics on the twenty-four hours timeframe when NYSE TICK (top chart) oscillates simply about the aught level, amongst the moving average (blue line) simply about zero. We every bit good run into gain dynamics when the day's volume-weighted average cost (VWAP; ruby line, bottom chart) is relatively apartment as well as cost oscillates simply about that price.
Sentiment on the twenty-four hours has leaned toward the sell side both inwards cumulative TICK as well as cumulative Delta, as well as we've been edifice book at lower cost levels relative to Friday. Recognizing the gain dynamics of the trade, however, has been helpful inwards non chasing either forcefulness or weakness on the day.
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