The whole market has a VWAP in the way of going down from here. Any tacit bullishness will load on here. Though, we probably have a boring lunch until that starts.
Well, not in the ES at the moment, but a high beta on my positions...so, looks like we'll be fighting this one out in the market. I will grant that you having a shorter time horizon, we can both be right on this one. (fwiw, my margin is maxed and has been since that SPXW trade 12 days ago (hence SPXW entry rather than the much more profitable ES long would have been).
VWAP round 2: That's a confirmation of earlier post. Should be running here in 30 mins to an hour....and all the way into close. Do I win this one if we break to new highs before we touch your (first) target of 57.5? Edit: it's worth noting that either JPM or AAPL (or both, in 2 of three cases) were bouncing from VWAP while SPX was bouncing from yesterday's cash close.