remember I've posted this for a couple years now should be
pretty clear, positive means the gap looks like it will hold
negative means it is likely to fill.
however we are looking at very large gap, I would employ a 15
min gap rule, do a quick blog search on that to ready more about
it
Anyway yesterday on the blog I stated that the market feels like
a time bomb ready to explode with all this news, plus the VIX gave
a buy signal yesterday, the market is extremely volatile and we are
seeing this. It makes swing trading extremely difficult.
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Sorry, could you clarify? Does
Gap Indicator
Posted by Vida on 27th of Sep 2011 at 09:45 am
Sorry, could you clarify? Does positive mean gap will close?
remember I've posted this for
Posted by matt on 27th of Sep 2011 at 09:54 am
remember I've posted this for a couple years now should be pretty clear, positive means the gap looks like it will hold negative means it is likely to fill.
however we are looking at very large gap, I would employ a 15 min gap rule, do a quick blog search on that to ready more about it
Anyway yesterday on the blog I stated that the market feels like a time bomb ready to explode with all this news, plus the VIX gave a buy signal yesterday, the market is extremely volatile and we are seeing this. It makes swing trading extremely difficult.