12.31.10 – Gap Fill to Pivot

Highly technical trade featuring a trend-day like gap fill recovery and classic pivot reject. I’d suppose that takes us back down to the VWAP presently. Volume is just too light, in fact, it’s the lowest of the year.

Related posts:

1. 11.11.10 – Struggling under Pivot
2. 02.22.10 – Pivot Bound
3. 08.30.10 – VIX +7% as SPY Tags 5-DMA
4. Qs Pivot Bands Update
5. Qs Pivot Bounces