Intra-day VWAP Follow-Up Update on ES

As a follow-up from the previous post and the support around the previous VAL close level the market was able to find resistance around the developing VWAP + previous VWAP close level and established a pattern around these levels to get into a short trade. We can use the VWAP and the developing value as a trend-following tool in such a scenario currently.

Next possible area of support would be a prior value close area of the weekly VWAP perspective. Let's see where the market heading towards to.