Wiles, you fat old fraud! Everyone but you knows that the VWAP is just a contrivance designed by brokerages to suck people into making an uncancellable commitment to buy at a disadvantageous price. It has absolutely no technical analysis significance whatsoever!
While you half-wits are arguing about something as absurd as VWAP, you have totally missed today's lesson. Classical TA is alive and well. Between 7:30 and 8:45 PT we witnessed a perfect triple top. Then between 9:15 and 11:00 we saw a textbook head and shoulders formation. I don't understand why you cretins bother with all that fancy charting you use!
If the cruelly martyred Saint Phoenix were still with us, he surely would say: "General, shame on you! You are up to your old Hershey tricks again! Drawing perfect trend lines 45 minutes after the fact!" ET, pay them no heed. They are all brokerage shills trying to convince you that trading is easy! The fact is, any fool can trade.
I hate to rain on yo' self-absorb ofay par-tee, but it look ta Cassie lak crude (da sweet light kind) done shown mo' trend respect dan yo' precious NQ. Yo' is in fo a world o' hurt this wintah!
Looks to us (Kokomo and Bogart, we're Jack's llamas) like you NQ queers missed the fact that SPX twice went up to kiss the trend line it broke six days ago. We learned more from eating the boss's trashed charts than you'll ever learn in a lifetime of reading this drivel thread. Real men trade ES!
What a fucking zoo! I can only add from a psychoanalytical perspective that TNX seems to be highly conflicted in its manic-depressive syndrome. My professional opinion is that the manic will win out. That will certainly please the NQ bears on this thread. One man's mania is another man's depression!
I count myself lucky I don't have volume option except on IB with Quotetracker. Not that great at math and couldn't follow filter discussion. Merchant is the clever one.