From a point, swing high or swing low, wtd or mtd.
Who is in control buyers or sellers
Anchoring bias, price has memory
Simple, each period same weight
Exponential, more weight on recent
Why does the 50 sma have meaning? Because everyone uses it, crowd behavior. Great reference point but not an action point. Potentialnarea where sentiment might shift.
Vwap is rising, buyers in control from anchor point. Vwap closes below for 2 or three days then that’s a sign
Trendspider and tc2000 allows you to point and click.