Deja Vu Markets: Low Volume Ramp To Thursday's VWAP
Yet another listless day with no volume participation, as trading turgidity has set in and programs are back in control. Expect the market to taper off somewhere around Thursday's closing VWAP (red line) unless some real volume shows up which as the past 6 months have shown, is practically always to the downside.
Update: thru VWAP now. Right on schedule. Computers keep on humming.