Saturday, March 28, 2015
Saturday, March 7, 2015
Friday, March 6, 2015
VWAP Inflections
Crude traded $3.00 lower over the past two trading sessions. But that is within normal range for crude. The shift lower was nothing spectacular given the large inventory reports. Just a smooth order flow down. Perhaps this is because the producers are all holding their inventories at these rock bottom prices, and will sell once price returns to value, making fortunes.
Inflections taken at VWAP bands produced good trades at the open, 10:30, 11:12, and 12:08.