
Today's merchandise therefore far has illustrated many qualities of a hit day:
* Oscillation some the volume-weighted average toll (VWAP; ruby line);
* Relatively apartment VWAP line;
* Mixed book transacted at offering vs. bid (bottom histogram);
* Mixed distribution of NYSE TICK;
* Difference betwixt advancing as well as declining NYSE stocks of fewer than G issues;
* Mixed sector surgery (strong financials, weak pocket-sized caps);
* Inability to sustain prices inwards a higher house or below overnight and/or prior day's range.
Interestingly, merchandise has non been peculiarly irksome despite existence hit bound. That has given us greater aAmplitude of effort some that VWAP line. Good trading opportunities tin prepare when nosotros accept decent volatility during a hit trade.
.
No comments:
Post a Comment