Published on August 7, 2026

A recent market update featured Brian Shannon’s analysis of the technical levels that provided support for major U.S. markets over the previous week.

The coverage highlighted Brian’s observation that the 5-day simple moving average and the VWAP anchored from the “Leo Liquidation Low” provided important areas of support. His analysis included major equity futures and ETFs such as ES_F, NQ_F, SPY, and QQQ.

For Brian, the significance of these levels comes from how price behaves when it reaches them. A rising 5-day moving average can provide useful context for the short-term trend, while Anchored VWAP allows traders to measure the average price paid since a specific event or turning point.

When multiple reference points come together and price responds, traders gain additional information about where buyers may be willing to step back into the market. That does not make the level an automatic trade signal. The reaction at the level, along with the broader trend and risk profile, still matters.

This is a recurring theme in Brian’s analysis. Moving averages and Anchored VWAP are not used to predict what the market must do. They provide objective reference points for evaluating what the market is actually doing and whether buyers or sellers are gaining control.

Inside the Alphatrends Premium Membership, Brian applies these concepts to current markets every trading day, combining the 5-day moving average, Anchored VWAP, multiple timeframe analysis, and disciplined risk management to identify and manage potential opportunities.