Assessing Market Action With Indicators And History
Wednesday, October 14, 2009
A Look At This Morning's Gap
Big gap up this morning on the heels of solid earnings.I looked at other times we saw a gap up to new highs in the SPY and found the following results:
This would suggest a bit of a downside edge from open to close today.
how about 5 and 10 days after the gap up?
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