I have received tons of questions and as of today there is a free resource with VWAP. Free Real Time VWAP Charting from brian shannon on Vimeo.
Stock Market Trend Analysis 3/31/09 from brian shannon on Vimeo.
gives the shorts something to think about. Qs and IWM the strongest, now testing prior support.
from yesterday’s drop. The markets are above the VWAP from the March 10 gap and it appears the bulls aren’t quite ready to roll over and die…yet. If you have been trading long this morning, it looks like a good place to tighten stops just below the 5DMA and then monitor the 1 minute charts … Read More
One of the hardest things to teach a child is that the truth is more important than the consequences.~Q.A. Battista
Since this rally began on March 10th, the buyers have maintained control of the trend as evidenced by the rising Volume Weighted Average Price from that date. The financials have broken below that level and other markets are close to breaking, be careful.
The uptrend lines since this rally began have been broken today, the markets are below the flat/declining 5 DMAs and the VWAP (purple MA) since the rally began is now coming into play. A bounce from these levels will give good indication as to the conviction of the buyers of the recent rally. Be very … Read More
I am easily satisfied with the very best.~Winston Churchill Shooting the Bull An Oklahoma Indian walks into a cafe with a shotgunin one hand pulling a male buffalo with the other..He says to the waiter: ‘Want coffee.’The waiter says, ‘Sure, Chief. Coming right up.’He gets the Indian a tall mug of coffee.The Indian drinks the … Read More
This is the video recording of this evening’s broadcast. I am still working on perfecting the audio, not quite there yet… Stock Market Analysis 3/29/09 from brian shannon on Vimeo.