All of the major stock market indices closed lower. This clip shows our analysis of AAPL stock as well as NASDAQ, S&P 500, Russell 2000, and Dow futures. We have seen more of the same trend channel trading today. I was hoping for a break out but it did not come. We are trading to trading inside our channels. I would be cautious moving forward because the if stock market closes down in the next few days, the bulls could be in trouble.
Stock Charts excellent description of VWAP: Click Here.
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This article was written by joe.shehata