You guys are probably all over this as we’re a bit slow down this way, but in the last week or so I’ve mainly stuck with trading big caps during the day with a couple of specs giving returns. One thing I’ve noticed is that when entering on the bounce after a gap down falling stock, one of the most accurate first target is VWAP. And once reached the SP will trade sideways for a while teasing for next direction. Anyone else noticing this or using VWAP in their fast trades?
