The Importance of Anchor to Bebop

Anchor to Bebop stands for value weighted average price. If there's a lot of volume associated with one price, if you run an average of that price throughout the day, the price that has the most amount of volume next to it is going to get a lot more weight. And so recently, losing it for the Spy ETF, it's been helpful. Most of the popular charting software available options out there have it.