2thguy what that stat means is that this gap is emotional in the
top 8% of all gaps over 20 years, NOT by %. Again I don't
know what that means exactly as I didn't create this. The guy
did tell me that the gap thing on OPEX days is not as powerful
because that creates a lot of volatility with options expiration.
He said that he will be creating a separate gap for option
expiration days.
again we had a rising wedge and that is clearly playing out,
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Tick Tool
Posted by 2thguy on 17th of Apr 2015 at 09:35 am
Good Morning Eveybody!!!
Matt, the Tick Tool says emotion top 8% price top 80%. Does that mean we will have a gap fill?
2thguy what that stat means
Posted by matt on 17th of Apr 2015 at 09:42 am
2thguy what that stat means is that this gap is emotional in the top 8% of all gaps over 20 years, NOT by %. Again I don't know what that means exactly as I didn't create this. The guy did tell me that the gap thing on OPEX days is not as powerful because that creates a lot of volatility with options expiration. He said that he will be creating a separate gap for option expiration days.
again we had a rising wedge and that is clearly playing out,