U.S Indices Rebound Off Key Support Levels

The S&P 500 and DOW Jones Indices rebound in a big way off key near-term support levels identified by our Volume At Price (VAP) analysis.  Now you may ask; “How does this help me today”?  Our answer is simple; “it doesn’t”. What is does do is show how our analysis is able to consistently identify key areas of support and resistance which also gives guidance to weather an index, a specific stock/ETF, a commodity or a currency pair has a bullish, bearish, or rotational (neutral) bias and where you may take action.

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