Updated Jun 21st, 2021

From a point, swing high or swing low, wtd or mtd.

Price pays

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.