5sma and Leo Liquidation Low VWAP provided ideal support last week, Brian Shannon notes

5sma and Leo Liquidation Low VWAP provided ideal support last week, Brian Shannon notes
5sma and VWAP key in recent trading

Brian Shannon, founder and full-time trader at AlphaTrends, highlighted that the 5sma and Leo Liquidation Low VWAP were optimal levels for market action over the past week.

Shannon referenced major equity futures and ETFs, including ES_F, NQ_F, SPY, and QQQ, in his assessment of recent price levels.

Shannon has previously identified conditions for sector rebounds, noting that SMH would need to undercut its June 9 low and approach the year-to-date VWAP for a stronger bounce. He has also cited Finviz as a comprehensive data source offering cost-effective premium access. These views track Shannon’s continued focus on technical signals and accessible trading tools.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.