Results are strong right from the start and look good throughout the first two weeks. This one favors the bulls.
Friday, August 16, 2013
What Thursday's Unfilled Gap Down & Poor Close Suggest For The Next 2 Weeks
The study below is one that I have shown before, but not for a while. It looks at days like Thursday where SPY posts an unfilled gap down that closes poorly while the market is in a short-term downtrend, but a long-term uptrend. Results are updated.
Results are strong right from the start and look good throughout the first two weeks. This one favors the bulls.
Results are strong right from the start and look good throughout the first two weeks. This one favors the bulls.
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