If it is filled during the day and prices close above the opening price, it could be an *exhaution gap*, leaving a candlestick, abandon baby, signalling a strong upside reversal.....on the other hand, if there is a price gap that is not filled, and not filled for 3 days, the gap could be classified as a continuation, runaway or measuring gap, especially as it would take out the pattern lows of Dec-Feb...the measuring implications for the averages are as follows....DJIA(1140), SPX(1300), OEX(600), COMP(2200), RUT(720), XAU(115).
What if a Down Gap on Monday?
Started by
tomterrific14
, Mar 03 2007 11:34 AM
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