There is a low volume pocket above 490 on futures, opened up from yesterday. It is currently acting as resistance but we are yet to test it for the second time. Yesterday we tested VWAP from the underside twice and this failed re-test opened up a great shorting opportunity in the second half of the session. The final quarter of the session would have been a nice opportunity to play a reversion back to VWAP. There are other setups emerging at the moment, so login or register to see the rest of the article and watch the video.


 

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