I'm a buyer again today, all these profiles show buying with the...

  1. 1,850 Posts.
    I'm a buyer again today, all these profiles show buying with the bulk of the Volume below the vwap,point of control , which ever you want to call it , the widest part of the curve, marked by the red line,theres good support for this market between 4402 and 4388, a little selling at the highs in last nights session which you'd expect, so it's buy support untill your wrong, myself and other intera day traders trade the process, I keep the possible outcomes in mind , thats the longer term view ,and always attempting to match up the current with the background.And as far as that goes ,last night I posted a bar chart which suggested to me that the commercial actiity ( that drives the market) had been on the buy side over the past 10 days or so,but that dosen't mean I'm wasen't prepared to short the index all day yesterday which i did, with good results.I can see that on this thread the can often be conflict between people with different stragities , but I'm post how I.m trading on the day . good luck and good trading to you.

 
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