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Tag: gap
11/17 Trend Day
We are opening with a gap from yesterday. The gap high is yesterday's low at 3962. The gap low is at 3917, the OPEN of today. The IB is very small again at 21 points. We have low directional conviction, with price getting close to OPEN again. Price has spent more time above open than … Continue reading 11/17 Trend Day
11/03 Thursday P Shaped Day
The market is opening out of balance and out of range from yesterday, with a gap down. It is going to be a tricky day. We also left a spike yesterday as the market was moving down quickly and did not have time to confirm lower prices. The low from yesterday 3766.75, that is the … Continue reading 11/03 Thursday P Shaped Day
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