12 of the last 13 have been losers with the 1 winner only posting a gain of 0.1%.
Next is a look at gaps of 1.5% or more.
It appears the larger the gap the higher the propensity for it to run after the open.
One other factor that traders may want to consider about the potential of today’s gap is the 1st of the month seasonality. I looked at this in combination with large gaps last December.
1 comment:
Thanks Rob!
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