If this trend holds, which it seems it will, and closes rejecting vwap,20,50, & 100ema I expect a move lower tomorrow.
TPO shows time has spent consolidating as well and PoC is maintaining and will monitor for trend reversal. There is a SP in the 1hr chart, if i remember correctly. So will monitor to close.
This is for all time frame from 1hr down to 5min. I...
Got into this trade yesterday, but wanted to share. Starting on Sept 6/7th TPO graph was spending more time moving higher, PoC reflects that & a TON of SP's on the downside.
Consolidated yesterday just under lower band of vwap (quarterly) & with today's move it is now sitting just above vwap (q) and seems to be using it as support. Will monitor to close.
Using...
