So far, the VWAP from the June 29 low is where buyers are defending (as they did last week) if this level fails to hold it is likely that the next level to be tested on the downside is 310-309.75, the location of the VWAPs anchored from the high (red) and low (green) of last month
avwapSPDR S&P 500 ETF (SPY) Trend AnalysisVolume Weighted Average Price (VWAP)

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