Unfortunately losers were much larger than winners as they averaged -2.7%. Winners averaged +1.3%.
5 of the winners occurred when the break happened after 10:30 Eastern.
All of the losers occurred when the break happened between 10 and 10:30 Eastern.
Good luck trading today.
5 comments:
Good luck trading today.
Perhaps "good luck not trading today" would be wiser!
Since we are in a downtrend (below 200 ma), any insights into whether up gaps get filled more often in downtrends and similarly do down gaps get filled more or less often in downtrends ?
Same with rshukla.... any difference in bull/bear markets, or distance from a 20 dma? Down we goo!!!!!!!!!!!!!!!!
what about a gap fill as a target or close of day
Rob,
What software do you use to run your studies?
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