Need to clarify a couple of things. Pls bear with me since this concept is new to me.
1. ATP/VWAP after 1445 to be checked for diff of 30-35 points?
2. If price above ATP/VWAP at 1445 or thereafter expect short squeeze and vice versa?
3. About markets reversing. Can one expect price to come back to ATP/VWAP during the day at all times like a magnetic centre?
4. at LOD today just after 1500hrs , ATP was 5033 and nifty future was below that and even went down to 4997. So how does that interpret this data? Shouldnt the opposite of a short squueze have happned?
Sorry abt all these queries.
Something wrong with your data....after 2:30 today ...the difference never touched 35...so this set up was not there today as in my earlier posts mentioned clearly that you need to see this difference near day end ie after 2:45 ....there is no rule that markets should not reverse after 2:45. and this is not posted as a trading system....but it has high probability of trend accelerating at the end of the day if the difference stays above 35 and keeps increasing....
Nothing in the world of trading works 100 % time....we go with probabilities...
Smart_trade