Despite some temporary rallies, the market remains below key moving averages, indicating that the downtrend is still intact. Stocks like Tesla (TSLA), Alibaba (BABA), and Unity Software (U) have shown potential, but until they establish higher lows and sustained strength, they remain high-risk trades. This is a time to refine your trading strategy, focus on price action, and avoid chasing breakouts before confirmation. Understanding how volume-weighted average price (VWAP) and anchored VWAP levels impact price movement can help traders make more informed decisions. Learn more about how VWAP can improve trade execution here.
