Micro composite update

Vtcompo 1 9 Micro Composite Update

 

The chart above shows a Micro Composite in Purple on the right pitched against the larger composite profile in rainbow colors on the left.

 

The micro composite is volume profile of the breakdown of the balance zone of April.

 

There is a vwap added in blue with it's standard deviations.

 

That vwap of the imbalance is currently at 5057 and declining with yesterday's bounce from the 2nd standard deviation holding up for a pure reversion to the mean play.

 

The pink lines are the low volume nodes of the larger composite profile.

 

The auction is playing out between the HVN of 5018 and the vwap of 5058. Bias is higher in the intra day time frame with sellers expected again to come higher.